Promoting Rural, Domestic Economy

DAMASCUS, (ST) – The Decision Support Center (DSC) affiliated to the General Secretariat of the Cabinet has defined a set of policies and measures to strengthen the resilience of the Syrian economy in light of the current crisis. It called for exerting efforts to maintain the infrastructure of the Syrian economy.

Efforts are exerted to maintain the production cycle, including ensuring the safety of public and private enterprises, transport routes, underground resources and water sources, as well as the work on the establishment of safe economic zones to be economic driving power and activity center for economic attraction. 

This will help to achieve a number of features such as providing the domestic market with products and commodities and the continuation of ensuring financial resources of the state, as well as giving priority to the activation of economy for the agricultural and industrial sectors to secure the greatest amount of commodities, particularly food commodities and operation of the largest possible number of the workforce, supporting  agricultural products, industrial and domestic production, through providing export opportunities outside and ensuring the internal market for the disposal of these products. 

The DSC underlined the need to pursue operation policies that ensure creating more employment opportunities in the public and private sectors, as well as supporting private institutions and companies that managed to challenge the conditions of the crisis and provide all facilities and support needed for starting small and medium-sized enterprises, promote the rural and domestic economy and provide appropriate conditions to activate local markets.

With regard to financial policies, the center called for doing what is needed to compensate for the depletion of financial reserves in the Central Bank as the issuance of treasury bonds to be sold in order to provide hard currency. 

 It also stressed on the development of prospects of cooperation with friendly countries, especially in the domain of foreign trade, loans and investments, open new markets for exports and imports.   

Giving priority to the question of applied scientific research to improve the investment of natural and human resources to contribute to the reduction of waste and increase productivity in the field of agriculture, industry, irrigation and construction. 

Sh. Al -Khatib