A comprehensive review by the government in its weekly session yesterday on the main themes related to economic policy in the areas of financial, monetary and trade, and at various levels of domestic or foreign policy, as part of its periodic follow-up to the economic reality and its impact on the living situation of citizens.

According to a press statement of the Council, the role of each ministry was discussed in support of the financial, economic and monetary policy and efforts to fortify the Syrian pound and achieve acceptable stability in the exchange rate by integrating and coordinating with various economic activities.

In this context, Prime Minister Imad Khamis instructed the Central Bank of Syria to continue to coordinate with government agencies to provide the requirements of exchange rate stability, and tighten the controls of the work of exchange companies, and the movement of internal and external remittances, with the need to move the deposits of public banks towards development, and the adoption of incentive measures to encourage the sector To contribute effectively to production.

The Council instructed the Ministry of Economy to prepare a study to provide direct support for the import of raw materials necessary for the operation of private industrial facilities, and to review the import licenses in order to serve the priorities of development, and was asked the Ministry of Internal Trade to establish a mechanism to track the import financing program and employ it to be a real supporter of the national economy.

The council asked the ministries of agriculture and industry to expand export products and secure their requirements to reach new foreign markets. The council decided to finance the state's investment projects and economic and service vitality through the issuance of bonds and treasury bills.

The Council reaffirmed the intensification of efforts to enhance the status of the national economy and meet its needs, complete the completion of strategic projects, continue to replace local products, expand the spread of medium, small and micro enterprises and address tax, insurance and customs evasion.

 

Source: Al Watan Newspaper