Middle East Economic Survey

VOL. XLIX

No 6

6-February-2006

SYRIA

Syrias 2006 Budget Starts Move To Social Market Economy Under 2006-10 Five Year Plan

The Syrian cabinet on 9 January approved a five-year plan for 2006-2010 which is intended to move the country toward a social market economy, and includes the countrys S495bn budget for 2006 ($9.54bn at the December bid exchange rate of $1 = S51.91). According to Deputy Prime Minister for Economic Affairs, ʹAbd Allah al-Dardari, the 2006 budget has...