PA’s Budget and Accounts Committee Discusses Economy Ministry’s plans within investment budget

Economy & Aftermath

DAMASCUS, (ST) – The People’s Assembly’s Budget and Accounts Committee on Sunday discussed the Ministry of Economy and Foreign Trade’s strategy to implement its proposed plans and projects within the framework of the investment budget allocated to the ministry for 2013.

Discussions dealt with the procedures adopted by the economy ministry to ease the impacts of the crisis which has been hitting the country and with ways of securing enough foreign currency to buy basic materials.

Members of the Committee called for promoting products in local markets and supporting small-sized industrial enterprises which create new job opportunities and help secure income to some families.

They stressed the need to activate export-import activities, urging traders to ensure raw materials and not to manipulate any kind of goods.

 Mohammad Zafer Muhabbek, the Minister of Economy and Foreign Trade said “there is no problem in ensuring the foreign currency needed to buy food stuff, medicine and requirements of the oil and electricity ministries,” stressing that there is no need to worry about the increase of the foreign currency’s purchase price as it goes up and down according to expectations concerning current events.

Muhabbek commended the government’s plan to direct its economic policy eastward so as to cope with the global economic strategies, stressing the ministry’s keen efforts to meet citizens’ needs for food materials and to facilitate procedures to provide services to citizens with a minimum cost as soon as possible.

H. Moustafa

You might also like
Economy & Aftermath

New Tender of 100 Thousand Tons of Wheat

Economy & Aftermath

Syria, Iraq to Enhance Economic, Trade Relations

Economy & Aftermath

“Syrian Exportation House” Future EDPA Project to Promote Exports

Economy & Aftermath

Syria to participate in Gulfood 2013

Latest news
Muslim World League Welcomes EU’s Lifting of Sanctions on Syria as a Positive Step Forward Restoration Project of the Cultural Stairway Launched in Lattakia privince Syrian-Jordanian Agreement on Unified Fees… and 11 Weekly Flights to Damascus Jordanian Foreign Minister: My Visit to Damascus Was Fruitful Minister of Local Administration and Environment Discusses Cooperation with Swiss Mission in Damascu... Damascus Chamber of Commerce: lifting economic sanctions is a positive step toward rebuilding bridge... Jordanian Delegation to Visit Syria Next Week to Explore Economic and Investment Cooperation U.S. Secretary of State: Action must be taken at the congressional level to develop the private sect... Syrian , Turkish Defense Officials Discuss Enhancing Cooperation to Support Regional Stability Turkish Minister of Treasury and Finance: A Stable and Prosperous Syria Is a Major Gain for the Regi... Minister of Education Discusses Support for Education Sector with UK Minister for the Middle East Minister of Health Discusses Opportunities for Joint Cooperation with Head of Global Development at ... Syria , Jordan Sign MoU to Establish High Coordination Council Press conference for Minister of Foreign Affairs and Expatriates Al-Sheibani and his Jordanian count... UN , Saudi Arabia Sign Agreement to Rehabilitate Bakeries in Syria Minister of Health meets a number of his counterparts in Geneva Syria is among the world's top 10 pistachio-producing countries Foreign Minister Al-Sheibani Receives a  High-Level Jordanian Delegation in Damascus to Establish Jo... Kallas: We hope the EU will reach a decision today to lift sanctions on Syria Jordanian Foreign Minister Ayman Safadi Visits Damascus at the Head of a High-Level Ministerial Dele...