VOL. XLV

No 18

6-May-2002

SYRIA

Syrian Minister Estimates Private Sector Foreign Deposits At $80Bn

Foreign deposits heldby the Syrian private sector overseas are estimated at between $80bn and$120bn, but probably at least $80bn, according to the Syrian Minister ofEconomy Ghassan al Rifa'i.In an interview published in the daily, al-Hayat, of 25 April, Dr Rifa'isaid that if I can manage to attract these private deposits, then we are not in need of foreign investments. Hetherefore called on Syrian...