Middle East Economic Survey
Parliament Approves Syrian 2010 Budget
The Syrian parliament on 20 December approved the 2010 budget with no modification to the draft submitted to parliament to the government in October. The budget was issued as Law 37 of 2009 shortly after the parliaments ratification. The budget projects revenue at S577,587mn ($12.52bn), expenditure at S754,000mn ($16.34bn) and a resulting deficit of S176,413mn ($3.82bn), which is 22% less than the...