President Bashar al-Assad issued the law No. 28 stipulating for imposing a 30% fee on all the goods and materials imported from Turkey to Syria for supporting the reconstruction of the developing villages.
President al-Assad issuedalsoLaw No. 27 for 2011, specifying the general state budget for the fiscal year 2012 with SYP 1326.5 billion.
Under this Law, the revenues of the general state budget for the fiscal year 2012 are estimated at SYP 1326.5 billion.
The budgets of the public bodies which enjoy the economic and constructional nature will be issued under a decision made by the Minister of Finance after the issuance of this Law.
Worthy of mentioning that Syria is facing economic difficulties due to the sanctions imposed by the EU, USA and lately by the Arab League even though most of the Arab Syrian neighborhoods did not abide by these economic sanctions , because such sanctions are to "import" greater economic burdens and obstacles to these immediate Arab neighbors of Syria.
"The position of the Syrian pound (Lira) is relatively stabl, and the price of exchanging the Syrian currency depends upon the movement of Supply and Demand" MHD. Nidal al Chaar, Syrian Minister of Trade and Economy stated." Recently,There has been no interference in the market", al Chaar said." The position of the Syrian pound is very well in comparison to the current events taking place in Syria" according to Syrian Central Bank sources. "The money stock in Syrian pound is very huge and enough to meet the overall needs" the same sources said.