Economic expert: The new government must take comprehensive steps that balance between market regulation and economic stimulation

Dr. Hassan Hazouri, Professor of Economics at the University of Aleppo, emphasized in an interview with “Al-Watan” newspaper the need for the new government to take measures that create balance between markets regulation and economy stimulation, through:

First, consumer protection by combating monopoly and commercial fraud, strengthening oversight of commodity quality and price transparency, activating consumer protection associations to receive and swiftly address complaints, and improving social support to ensure that it reaches those who deserve it.

Secondly, supporting local production by providing raw materials for industry and agriculture with customs exemptions and financing facilities, reducing taxes on productive sectors to lower costs, increasing competitiveness and supporting small projects through easy financing and simplifying licensing procedures.

Third, improving the infrastructure by developing electricity, water, and transportation networks to reduce production and distribution costs.

Fourth, encourage exports and innovation by opening foreign markets through new trade agreements, supporting exporters, and stimulating scientific and technological research in productive sectors.

In conclusion, Hazouri emphasized that the government’s success requires combining regulatory measures with direct support for producers and consumers to achieve economic stability and improve citizens’ living standards.

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