Middle East Economic Survey
Petroleum Product Subsidies Cost Damascus $2.93Bn In 2010
Subsidies for petroleum products cost the Syrian government an estimated S140bn ($2.93bn) during 2010, according to the Syria Report in an article released on 3 January. Citing al-Thawra as a source, the report said gasoil subsidies cost S65bn ($1.36bn). Gasoil is used for heating in most households. The cost of fuel oil subsidies was put at S75bn ($1.57bn) and those for...