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The salary of a Syrian employee meets needs for a few days due to sanctions and the theft of Syria ‘ s resources by US

One of the facts that no one, inside Syria or abroad, can deny is that the Syrian state has abided by paying the salaries of public sector employees on time and every month despite western sanctions and the 10-year- long war on Syria. 
 
The monthly salary of employees has been a red line that was never approached regardless  of the fact that the average salary of a Syrian government employee now only meets the needs of the employees’ family for a few days because of unprecedented rise in the price of basic items.

New improvement of exchange rate of Syrian pound against US dollar

The markets recorded a new and better exchange rate on Saturday, as the value of the Syrian pound rose by 10%, financial and economic sources in the markets told “Al-Watan” daily.

The Syrian pound has improved by 10% within hours, and about 40% compared to the record low it reached 10 days ago, after strict measures taken by the state.

The demand for the Syrian pound is very high during the past few days, which is likely to lead to a further improvement in the exchange rate of the Syrian pound.

According to sources in the Ministry of Supply, commodity prices have also started to gradually decrease. The Minister of Internal Trade and Consumer Protection confirmed in an interview with Al-Watan daily that this week, prices will witness a tangible decrease as a result of the improvement in the value of the Syrian pound.

Inas Abdulkareem

Proposals and future plans to develop the livestock sector

Small and micro development projects is one of the solutions proposed by experts to develop the livestock which faced problems during the years of the terrorist war.

The experts call to secure fodder at reasonable prices to support breeders and increase local veterinary medicines to overcome the repercussions of the economic blockade imposed on Syria.

The Director of Animal Health at the General Organization for Poultry Dr. Hussam Abdel-Latif explained the need to secure feed through foreign contracts whose prices are acceptable and to cultivate yellow corn and soybeans locally.

Abdel-Latif called to cancel duties and taxes on imported feed.

685 industrial facilities resume production in Aleppo since 2014

Since the liberation of the industrial city of Al-Shiekh Najjar in Aleppo province, 685 industrial facilities specialized in textile, food, engineering and chemical sectors and software industry have returned to production  , according to Director of the Industrial City Eng. Hazem Ajjan. 
 
Ajjan's remarks came during the meeting held today between  Ziad Sabbagh ,minister of Industry  and the Board of Directors of the industrial city in Aleppo. 

The Syrian Investment Agency: Priority will be given to agricultural projects, transformative and pharmaceutical industries

Director General of the Syrian Investment Agency has stressed that the agency has put some principles to facilitate license measures and eliminate the obstacles facing investors' works with aim of helping them accelerate the implementation of their projects.

He affirmed that priority in terms of licensing will be given to productive agricultural projects and to transformative and pharmaceutical industries which can introduce local products to the markets in the light of the economic embargo imposed on Syria.

In a statement to SANA Economic Bulletin, Diab said noted the continuous efforts to license new investment projects that provide alternatives for imports and increase local production and move the production wheel forward. He said that the agency has agreed to license two projects for manufacturing zeolite fertilizers and fodders as well as a project for producing pesticides to help in reducing the importation of these products and meet farmers needs.