VOL. XXXVI
NO. 33
17-MAY-1993
Financial and Banking News
BUDGETS AND REVENUES
Syria Boosts Investment Budget Through Borrowing
The Syrian budget for 1993, which was formally approved by President Hafizal-Asad on 11 May, projects a 32% increase in spending, one of the largest inrecent years. Total spending is put at S123bn ($5.7bn). The increase is mainlydue to a projected 70% increase in capital expenditure, which will account forjust of half of total outlays. Current spending is due to rise by 8%,...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!