Middle East Economic Survey


No 41



Syria Plans To Abolish Energy Subsidy

Syrian Prime Minister Muhammad al-'Utari announced last week that his government intended to abolish the current subsidy on petroleum products over the next five years. The government, he said, could no longer bear the cost of the petroleum subsidy and stressed that it was therefore essential to draw up plans to put an end to the squandering of resources in the energy sector. The prime minister...