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Minister of Economy: The new government measures aim to reduce price hikes and simplify financial and banking procedures


Damascus, SANA- Minister of Economy and Foreign Trade, Dr. Muhammad Samer Al-Khalil, explained that the new government procedures


The Minister of Economy and Foreign Trade, Dr. Muhammad Samer Al-Khalil, explained that the new government measures aim to limit the rise in the exchange rate and prices, and to facilitate export and import, in addition to simplifying financial and banking procedures.

And Al-Khalil said in an exclusive interview on Al-Souria channel this evening that inflation and the international economic situation have greatly affected the national economy, pointing out that the new package of decisions launched by the government aims to revitalize economic life and support the industrial productive sector, and gives more flexibility to finance supplies for some economic sectors. .

The minister stressed that priority is given to funding for raw materials used in the pharmaceutical and food industries, as some industries were allowed to temporarily enter production requirements with the intention of re-export, in addition to allowing industrial facilities to transfer machines and production lines with the intention of repair or placing them in another place.

And Al-Khalil indicated that remittances are not money that is transferred physically, but rather a written commitment, and therefore there is no way for them to be delivered in foreign exchange, indicating that banks were allowed to buy foreign currency from individuals at the current price, and the daily withdrawal ceiling from banks was raised to 15 million Syrian pounds and the amount allowed to be transferred was adjusted. Between the governorates, to become 15 million pounds, adding: The transfer of funds between the governorates of Damascus, Rif Dimashq, and Quneitra is excluded from the ceiling.

The Minister of Economy indicated that allowing Syrian trucks to enter Iraq facilitates and increases exports at a lower cost.

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Source: sena

All business articles on 2023-02-01

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