People’s Assembly Approves Bill on State General Budget for 2019

DAMASCUS- The People’s Assembly approved on Monday the bill on the state’s general budget for the 2019 fiscal year during a session chaired by Speaker Hammoudeh Sabbagh.

The budget has been set at SYP 3882 billion, according to SANA.

According to the bill, SYP 2782 billion will be allocated for running expenditures and 1110 billion for investment expenditures.

 Finance Minister Maamoun Hamdan told journalists that SYP 443 billion have been allocated for the reserve funds in the 2019 state general budget, which have go towards establishing investment projects in the areas which the Syrian Arab Army has secured.

The budget bill also provides for allocating  SYP 811 billion to support the agricultural production support fund and national social subsidies fund, oil derivatives, and flour, Hamdan added.

You might also like
Latest news
Erdogan: Israel's Actions Aim to Destabilize Syria, Turkey Will Not Permit This United Nations Under Secretary General Condemns Israeli Violations in Syrian Golan At the Antalya forum, the Turkish Foreign Minister emphasized the following key points: Qatar Reaffirms Support for Palestinian Resilience at Antalya Diplomatic Forum Turkish President Erdogan at the Antalya Forum: Talks on Cooperation Between Syria and Sweden Held Arab League: Engaging with America to End Israeli Attacks on Syria Turkey: Israeli attacks on Syria are a flagrant violation of its sovereignty and a threat to regiona... Britain at the UN Security Council: We are committed to supporting a comprehensive and prosperous fu... The dignitaries, sheikhs, and intellectuals of the city of Bosra al-Sham issued a statement confirmi... Syrian-Dutch talks on humanitarian support President al-Sharaa extends the mandate of the fact-finding and investigation committee regarding Sy... President Ahmad al-Sharaa meets with members of the fact-finding committee, tasked with investigatin... Lebanese Foreign Minister: Lifting sanctions imposed on Syria will encourage the displaced to return Al-Shibani: Signing agreement with South Korea opens new horizons for cooperation in economy, techno... Minister of Social Affairs, French envoy discuss supporting recovery and economic empowerment effort... UN: Israeli attacks on Syrian territory are unacceptable Turkey's representative to the United Nations: The new Syrian administration is doing a good job and... Arab Group at the Security Council calls for stopping the repeated Israeli attacks on Syria Syria's Representative at Security Council calls on international community to support Syria's stabi...