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Local News>>Committee on Following up on Economic Situation Adopts Package of Mechanisms to Preserve Value of Syrian Pound

Committee on Following up on Economic Situation Adopts Package of Mechanisms to Preserve Value of Syrian Pound

Nov 15, 2012

DAMASCUS, (SANA) - Prime Minister, Dr. Wael al-Halqi, highlighted the challenges and difficulties facing Syria in the current crisis and their impact on the economic situation, the banking sector and the SYP exchange rate.

Chairing the first meeting for the committee on following up on the economic situation under the current circumstances, the Premier stressed the need for taking preventive measures and setting up appropriate mechanisms to reduce the negative impact of these challenges on national economy, preserve the Syrian Pound and to continue funding imports to meet the national needs.

The meeting discussed factors that influence the banking sector and the cash trading, means of maintaining the stability of the SYP exchange rate and its value and mechanisms for providing resources for the Syrian Pound and foreign currency through the revenues of exporting Syrian goods to the markets of friendly countries.

The meeting approved a package of mechanisms and alternatives to deal with the situation of exchange market and preserve the value of the Syrian Pound.

R.Raslan / Ghossoun  

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