Financial and Banking News
BUDGET AND REVENUES
Syria's 1988 Budget Appropriations to Rise By 20%
Syria's balanced budget for 1988, which was approved by the National Assemblyon 19 July, estimates both revenues and expenditures at SL51.545bn ($4.59bn), a20% increase over the 1987 figure of SL42.949mn ($3.83bn).
In an interview with the press on 19 July the Minister of Finance, Mr. KhalidMahayni, stated that the Syrian Government had adopted a new policy this yearin...