Economic news in Syria including currency, investments, and general financial conditions.
In a preliminary statistic revealed by the Syrian Minister of Economy and Industry, Nidal Al-Shaar, it indicates that the unemployment rate has exceeded 60%, while there are 2.7 million young people outside the education and labor sectors.
التقى وزير الخارجية التركي هاكان فيدان بالرئيس السوري أحمد الشرع، في زيارة جاءت بعد يومين فقط من تغييرات كبيرة في القيادة العسكرية التركية، تطرح أسئلةً حول أهداف أنقرة المتجددة في سوريا، والملفات التي تمت مناقشتها.
Lebanese Foreign Minister welcomes the decision to lift sanctions on Syria, emphasizing that the step will have a positive economic impact on Lebanon.
In a move aimed at closing the chapter on a past burdened by inflation and monetary chaos, the Governor of the Syrian Central Bank, Abdul Qadir Hassoun, announced the launch of a new currency with the removal of two zeros from the nominal value, as part of a package of reforms aimed at restoring financial stability. This step raises questions about its feasibility in light of a fragile economic reality and significant technical and political challenges.
The Jordanian Minister of Transport, Nidal Al-Qatamin, emphasized the importance of developing cooperation with Syria in the field of regional land transport, stressing the need to remove obstacles that hinder the movement of Jordanian trucks across Syrian territory, as this has a direct impact on trade exchange and economic growth between the two countries.
The Lebanese Prime Minister Nawaf Salam held a consultative meeting with several ministers to discuss the prospects of developing relations between Lebanon and Syria.
The Syrian American Coalition urged Congress to fully lift the sanctions imposed on Syria, considering that they hinder the Syrian people from obtaining their basic rights.
The maintenance workshops of the Damascus Governorate continue to carry out debris and metal waste removal works from the Exhibition City squares, as part of the ongoing preparations to host the events of the Damascus International Fair.
In a move that reflects a strategic shift in relations between the two countries, the establishment of the "Turkish-Syrian Business Council" was announced in Ankara as an institutional framework aimed at reviving economic cooperation. This development comes in the context of Damascus's efforts to rebuild its devastated economy, and Ankara's pursuit of enhancing its economic influence in the region through the gateway of reconstruction.
Dr. Abdul Qader Al-Hosri, the Governor of the Central Bank of Syria, announced today, Saturday, a plan to issue a new currency aimed at developing the monetary structure and facilitating daily transactions, as part of the monetary and financial reform process.
Today, Friday, a ship loaded with 505 heads of live cattle arrived at the port of Tartus coming from Moldova.
The General Petroleum Administration of the Syrian Ministry of Energy signed an agreement today, Friday, to supply gas with the Turkish Nikaş Holding Company, which stipulates providing Syria with 1.6 million cubic meters of gas daily.