NO. 34


Budgets &Revenues

Budgets & Syrian Budget Foresees 9% Increase In Expenditure

Revenues The Syrian budget for the present year projects a 8.6% increase inexpenditure over 1993, roughly half the current rate of domestic inflation. Themodest increase contrasts sharply with the 32% rise in spending projected in the1993 budget. The proportion of total revenues which will be sourced from foreignand domestic loans remains almost unchanged at 27%. Development...