Damascus, Mar. 26 (SANA) Finance Minister, Mohammad Yisr Barnieh, affirmed Thursday that Decree No. 69, concerning tax exemptions for establishments affected by the war, will contribute to supporting the rehabilitation of more than 30,000 industrial, commercial, and tourism facilities.
Speaking to SANA, Minister Barnieh said that the executive regulations for Decree No. 69, in addition to the recently issued tax in advance decree, will be prepared through dialogue and collaboration with chambers of commerce and industry. This will ensure the public interest, guarantee fair implementation, contribute to supporting the economy, combat tax evasion, and strengthen the industrial and commercial sectors.
For his part, Mazen Dirwan, Chairman of the Federation of Syrian Chambers of Industry, stated that eliminating customs duties on production inputs and simplifying bureaucratic procedures can have a greater impact on enhancing the efficiency and competitiveness of Syrian industries.
Dirwan emphasized that any form of assistance to affected industrialists will have a positive impact, noting that economic openness requires a change in work mindsets and adaptation to the demands of a competitive market. This includes developing production and management mechanisms and reducing losses in machinery and labor.
The newly-issued decree No. 69 of 2026, stipulates the formation of damage assessment committees and the granting of tax and fee exemptions to affected commercial, industrial and tourism establishments at varying rates, according to mechanisms that depend on the extent of the damage, starting from 2026.
Mazen
