SYRIA
  
Syria’s Budget Deficit Set To Double For 2013
 
By Basim Itayim
 
Syria’s 2013 draft budget, approved on 23 October by the cabinet, projects a widening deficit from 2012’s levels, with a 36% drop in revenue to S£634bn and only a 4.3% increase in expenditure to S£1,383bn. The budget deficit will rise more than twofold to S£749bn from S£335bn in 2012. But this comparison in budget numbers does not take into account...