Syrian PM discusses economy
The Syrian Prime Minister, Dr. Wael al-Halqi held a meeting to discuss the economic crisis in the country, state media reported yesterday.
SANA reported that the meeting focussed on maintaining the Syrian Pound exchange rate with foreign currencies.
The Syrian economy has suffered significantly since the start of the uprising almost two years ago. On Tuesday the government raised the cost of petrol, wheat, and flour, three days after increasing the cost of other commodities.
Yesterday, the United Nations reported that the 22-month uprising has severely damaged the country’s agricultural industry, which could take years to recover from.
The farming sector had not long recovered from the 2006- 2011 drought, which analysts think damaged up to 60 per cent of the agricultural industry.
- To Bibi or not to Bibi: Israeli's and the cost of living question
- A crisis in the cards? UN official warns of economic downslide in Turkey
- The diversification 'diverse': Dubai stocks extend losses with crude oil
- Sharjah official says economy is healthy, diverse
- Bahrain: Social responsibility ‘vital for companies’