Aleppo Industry: Lira Support Initiative will achieve positive results in the coming period

Mustafa Kwaya, Vice-President of Aleppo Chamber of Industry, said that the initiative to support the lira will achieve positive results during the coming period in terms of stability of the lira and strengthen against the dollar, and this will inevitably reflect on the reality of the domestic industry and take off its facilities, through the stability of the exchange rate and prevent fluctuation will ensure the industrial operation of the production of their factories and reduce He pointed out that the Aleppo Chamber of Industry held a special meeting to urge the industrialists to contribute to the intervention fund to support the lira.Most of the industrialists expressed their willingness to participate, especially that it will be reflected in the end through the improvement of the reality of work. Naaa.
 
He pointed out that despite the importance of this initiative, which Totti began to eat in the market by reducing the dollar against the lira, but it is important to continue to apply and not just a period of time only, if there is no continuity will not achieve the desired outcome of this important initiative.
 
Asked about the strategic measures through which to stabilize the exchange rate and strengthen the lira, not only this initiative, he stressed that the Aleppo Chamber of Industry submitted a set of proposals to the Governor of the Central Bank of Syria in order to achieve this goal, which is a requirement for all. The third industrial conference, which includes everything needed to address the problems of industry and reconstruction of damaged facilities, and then when the wheel of production and the production of competing goods domestically and abroad and exported abroad, this will inevitably lead to the reduction of the dollar price and stability in the market and enable And regain its position again.
 
In turn, a member of the board of Aleppo Chamber of Commerce - Zaher Mahrousa confirmed that the Chamber urged all traders to participate in the campaign to support the lira and deposit in the fund allocated to intervene for the interest of the local currency and increase the value and empowerment and support, pointing to the development of several road signs in the streets of Aleppo in order to invite traders and commercial events Generally to participate in and expand this campaign.
 
In addition to the implementation of this initiative, he suggested that traders, for example, as an initiative to support the lira when obtaining an import license, paid a certain amount for three months and deposited it in dollars and then took it after a period in Syrian pounds.
 
On the other hand, he stressed that despite the initiative of commercial and industrial activities in Aleppo to participate in the campaign to support the lira, but it must take into account the specificity of the city of Aleppo, and should not be compared with other cities, where it is assumed special treatment and consideration of its specificity, especially in terms of the magnitude of the large damage To the economic capital.
 
Mahrouse expressed optimism that the campaign would achieve its desired objectives in a way that reflected on the commercial and industrial reality, although political developments contributed to some extent to mitigate the expected results.
 
Tishreen

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