The World Bank has sent a team in Damascus to assess the Investment climate in the country as well as the prospects for foreign investments in the Syrian economy.
Syria's Gross Domestic Product (GDP) grew 3.35 percent in 2002, according to the Minister of Economy, Ghassan al-Rifai.
The Ministry of Construction announced that it had put forward a draft project to merge the six companies affiliated to it, into three new companies, and that the draft document had been accepted by the Government.
Syria's expansionary 2003 budget has been approved by the Parliament and ratified by the President of the Republic, Bashar al-Assad.
The Ministry of Industry has announced that it has finalized its draft project to reorganize the public sector industries.
On the occasion of Ramadan, Syria's President, Bashar al-Assad, has ordered a one-time payment of half the month salaries for all public sector workers.
The Investment Higher Council (IHC), which overviews and processes investment applications that are eligible for Investment Law N°10 facilities, is set for some changes.
The Syrian Parliament has started discussing the 2003 draft Budget which calls for a rise of over 17.5 percent in expenditure.
The high expectations raised by the setting-up of the Unemployment Committee reflects the hopes pinned on an institution that aims at tackling one of Syria's most pressing challenges, its rising unemployment rate.
The Syrian government decreed on October 22 a 20% increase in the wages and salaries of private-sector employees.
The Syrian government has set an expansionnary 2003 budget with expenditures expected to rise by 17.5 percent to reach SYP420 billion (USD8.4 billion).
The Central Bureau of Statistics (CBS) has released its latest figures on the structure of the labour force in Syria.
In its latest meeting, the Investment higher Council (IHC) has given its go-ahead to 108 new projects, with a total investment value of SYP6.3 billion (USD126 million).
The Syrian government has banned the import of diesel vans, in a move designed at reducing pollution in the country.
The Syrian social security and pensions organisation will be spending a total of SYP26 million (USD520.000) in the coming two years to computerise its operations, reported Teshreen.


Export Financing
Damascus Chamber of Commerce
Motex 2011
Damascus International Fairground