According to the official Syrian Al-Hayat newspaper, Prime Minister Mustapha Miro asserted that Syria is prepared if the oil price per barrel maintains its current downward trend. Petroleum oil export revenues constitute 50.2 percent of Syria’s total revenues included in the 2002 budget, estimated at 356 billion Syrian Pounds ($7.1 billion). The new program consists of cutting administrative expenditures for accomplishing ongoing investment projects in Syria. — (menareport.com)
© 2001 Mena Report (www.menareport.com)
