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Competitiveness of Syrian economy and financial sector witnesses constant increase
Sweida, Southern Syria - Board Member of the Syrian Commission on Financial Markets and Securities (SCFMS), Dr. Mamoun Hamdan on Tuesday stressed that the competitiveness of the Syrian economy and the financial sector is constantly increasing.
Delivering a Lecture at the Arab Cultural Center in Sweida, Hamdan reviewed the emergence of Damascus Securities Exchange (DSE), and the development of the financial sector in Syria.
He indicated that the economic goals of the DSE are represented in organizing and developing the capital markets, and the activities affiliated to them in a way that would achieve justice, competence and transparency, in addition to reducing the risks of the securities exchanges, and protecting the citizens and the investors from any unjust or improper practices.
He added that protecting the investors can be achieved by preventing the illegal ways such as forgery and fraud, in addition to providing financial statements and analyzing them, and supervising all the bodies affiliated to the SCFMS and the DSE.
The SCFMS was established according to the law no. /22/ for 2005, and the DSE was established in 2009 and its index was launched in 2010.
(Syrian Days - SANA)
Thursday 2011-05-05  |  00:33:00   
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