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Showing results for tags 'syrian pound'.
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The Syrian Central Bank Issues New Instructions Regarding The Transfer Of “Cash” Funds 08/08/2023 2263 Earth News / The Central Bank of Syria announced today, Tuesday, that the amount allowed to be transferred between the Syrian governorates (with a traveler) has become 25 million Syrian pounds. In a statement published today, the Syrian Central Bank indicated that money transfers between the governorates of Damascus, Rif Dimashq, and Quneitra are excluded from the aforementioned ceiling. -
Syria will achieve the fastest economic growth in the world by 2019 09:16 - 07/01/2019 Follow-up - Mawazine News The Economist magazine predicted that the economic growth rate in Syria will reach 9.9% in 2019, in the index is the highest in the world. According to the magazine, the list of countries expected to achieve the highest growth rates include Bangladesh (7.9%), Bhutan (7.4%), India (7.4%) and Rwanda (7.3%), while the list of countries "most failed" (-5.7%), Yemen (-4.2%), Iran (-3.7), Equatorial Guinea (-2.5) and Argentina (-0.8). According to the magazine, the case of Syria is a reflection of the fact that the large numbers "may reflect the lowest starting point." Syrian Minister of Economy and Foreign Trade Samer Khalil said in a statement to the Syrian newspaper Al-Watan that there were no accurate official forecasts about the country's economic growth rate during the current year. He added: "It is not possible to confirm the validity or reality of these figures, especially with the transitional conditions experienced by the economy during this period of time". He added: "However, it is consistent with our positive view of the prospects of the Syrian economy during the next phase as a result of the nature of this economy and its diversity and its dynamic, in addition to the policies and procedures that worked and the government is working to restore economic activity vigorously. He said that the Syrian economy can achieve positive growth rates important after the large losses suffered during the war and led to a significant decline in GDP. He pointed out that "what is important in these expectations and estimates is the radical shift in the way the outside world views the Syrian economy."
