VOL. XLV

No 26

1-July-2002

SYRIA

Syrian Government To Unify Customs Exchange Rate

The Syrian Council of Ministers has approved a draft decreeto unify the exchange rate at which customs duties are assessed onimportedgoods at the neighboringcountries rate of $1 = S 46.50, which is also the rate at which revenue andexpenditure in the budget are calculated. The unification of rates forms partof a series of economic reforms that the government is gradually implementing.According to an official at the...