Arab Today, arab today syrian committee approves bill banning foreign currencies
Last Updated : GMT 06:58:51
Arab Today, arab today
Arab Today, arab today

Politicians discuss increasing state subsidisation

Syrian committee approves bill banning foreign currencies

Arab Today, arab today

Arab Today, arab today Syrian committee approves bill banning foreign currencies

Syria's Economic Micro Committee meets in Damascus
Damascus - Arab Today

Syria\'s Economic Micro Committee meets in Damascus The Syrian government\'s Economic Micro Committee has approved a bill that makes dealing in currencies other than the Syrian Pound a crime, leading to fines and prison sentences of 3 to 10 years.
The bill, which will be referred to the relevant authorities to be passed according to regulations, seeks to prevent manipulation of prices in the market and curb exploitation of citizens\' needs.
During the committee meeting chaired by Prime Minister Wael al-Halqi, members discussed mechanisms for preventing the rise of supply and food stuff prices in markets and implementing regulations to prevent manipulation of the USD price.
The committee also discussed the possibility of increasing state subsidisation of some food materials by providing food baskets at subsidised prices.
Governor of the Central Bank of Syria (CBS) Adib Mayyaleh said that the CBS sold USD to exchange companies at SYP 247.5 to be sold by these companies at SYP 250, adding that such intervention will be carried out twice a week and that exchange companies can still sell foreign currency to citizens for commercial and non-commercial purposes as per regulations.
Mayyaleh also proposed a bill for compensating citizens for the reduction in purchasing power for their deposits in banks, and the committee approved this bill on preliminary basis.
Source: SANA

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today syrian committee approves bill banning foreign currencies Arab Today, arab today syrian committee approves bill banning foreign currencies

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today syrian committee approves bill banning foreign currencies Arab Today, arab today syrian committee approves bill banning foreign currencies

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday