Syrian Pound (473)

19-06-2018

The operating income and profits of Syria's 14 private sector banks in 2017. All numbers are in million Syrian pounds.

19-06-2018

Remittances by Syrian expatriates during Ramadan increased markedly, a local media has reported.

19-06-2018

The balance sheets and income statements of Syrian banks show an improvement in their performance last year.

12-06-2018

Syria has issued a tender to buy new volumes of wheat from Black Sea countries.

05-06-2018

The rate of the U.S. dollar relative to the Syrian Pound in the black market since March 2011.

15-05-2018

Syria's gross domestic product between 2010 and 2016.

10-05-2018

A full breakdown of Syria's 2018 budget with current and investment expenses detailed for each item in the budget.

10-05-2018

A breakdown of Syria's 2018 forecast budget revenues.

10-05-2018

This is a summary of the main expense and revenue items of the 2018 budget.

24-04-2018

While the Syrian government continues to boast of its success in covering basic expenses, including civil servants’ salaries, in practice it is mortgaging the country’s long-term economic prospects.

17-04-2018

The latest political developments, perceived in Damascus as favourable to the Syrian regime, have helped shore up the value of the Syrian pound in the foreign exchange market.

03-04-2018

The fall of Eastern Ghouta to the Syrian regime, which is likely to be concluded in the next days or weeks, will have several economic consequences.

20-03-2018

Damascus has been ranked the cheapest city to live in the world out of 133 large cities listed in a recent survey.

13-03-2018

The purchase price of wheat and barley by the Syrian Government from farmers.

06-02-2018

The following table provides data on traffic in Syria's two commercial ports of Lattakia and Tartous between 2006 and 2017.

02-01-2018

In December, the Syrian pound fell again relative to the dollar, reducing further confidence in the national currency and the Central Bank of Syria.

28-11-2017

The Syrian Pound gained more than 14 percent relative to the dollar in the space of one week as it comes close to the 400-pound level.

21-11-2017

The financial results of some of Syria’s largest companies show an increase in revenues across the board, albeit from very low levels.

07-11-2017

The Central Bank of Syria has raised the official rate of the Syrian Pound relative to the dollar as the national currency continued to gain ground recently.

24-10-2017

Syria’s inflation rate remained high in 2016 official data show, although the increase in prices began to decelerate by the last quarter of the year.

10-10-2017

The Ministry of Domestic Trade has decreased the price of several food items as the improvement in the value of the pound helps reduce import costs.

26-09-2017

The Syrian Government’s drive to collect more revenues from its real estate properties has started to generate some results, government officials have said, as another source of revenues being considered is an increase in taxation on properties.

19-09-2017

The value of the Syrian pound relative to the dollar continued to rise in recent weeks although the trend is unlikely to last.

19-09-2017

The Syrian Prime Minister has criticized his predecessor for spending 14 billion dollars of foreign currency reserves, while announcing the doubling of a tax dedicated to finance reconstruction.

12-09-2017

The revenues of Syriatel, one of the country’s two mobile phone operators, surged in the first half of this year to more than twice those of its sole competitor, while the launch of a third Iranian-led operator appears to have been postponed.

29-08-2017

The expected reopening of the Syrian-Jordanian border crossing will bring significant benefits to the Syrian economy.

29-08-2017

The relative stable situation in vast parts of western Syria have enabled private commercial banks in the first half of this year to post a slight improvement in their main indicators.

29-08-2017

This list of tables provides data on the main indicators of Syrian private sector banks as of June 30, 2017.

14-08-2017

Lebanon’s BLOM has said that it deconsolidated its Syrian operations in order to protect itself from international sanctions.

08-08-2017

One of Syria’s most powerful cronies has taken a key business interest in the most lucrative real estate developments in the Syrian capital.

21-07-2017

Updated on July 21, 2017: Syria’s private commercial banks, which saw last year their assets fall to a fraction of what they were in 2010 and now barely breakeven, are unable to finance any meaningful reconstruction drive.

17-07-2017

Revenues from the customs department, which represents a rare source of stable government revenues, increased again in the first half of this year, according to an official.

04-07-2017

The Central Bank of Syria has started circulating a new banknote, for the first time with the face of Bashar Al-Assad on it.

13-06-2017

In the past six weeks, the Syrian pound has gained ground relative to the U.S. dollar, bringing it back to its level of six months ago.

06-06-2017

The Syrian Government has requested public sector entities to prioritise local suppliers at the expense of foreign ones in a bid to save scarce foreign currencies.

23-05-2017

A full breakdown of Syria's 2017 budget with current and investment expenses detailed for each item in the budget.

23-05-2017

A summary of the main expense and revenue items of the 2017 budget.

23-05-2017

The Islamic State is banning the use in its territory of any currency other than its own Dinar in an apparent bid to collect as much dollars as possible from the market before a potential withdrawal.

22-05-2017

The Syrian government has increased the price it is paying farmers for their wheat to ensure it can procure as much of the local crop as possible but the opposition is countering with an even higher offer.

09-05-2017

Syria’s exports contracted further in the first quarter of this year, according to a government official.

02-05-2017

In this 2,500-word factsheet, we provide an overview of Syria’s economic and financial relations with Russia.

18-04-2017

The monthly income required to meet the basic needs of an average household in Damascus increased by around 7 percent in the past three months, according to a local paper.

18-04-2017

The Central Bank of Syria is reportedly considering issuing dollar-denominated treasury bonds to finance the import of energy products, a prospect that could reflect a disconnect of the financial authorities with economic and political realities.

04-04-2017

The Syrian President has sacked Adib Mayaleh, the Minister of Economy, as part of a small government reshuffle, ending the political career of a long-time regime servant.

28-03-2017

Surprise attacks last week by the opposition in Damascus and Hama will do little to change the balance of power on the ground but much to highlight the weak hold of the regime over the country and the unlikeliness of the return of stability in the absence of a political deal.

21-03-2017

The government has announced a sharp increase in the price of fertilizers, a decision that is likely to hit Syria’s agricultural output.

14-03-2017

The Syrian government has imposed a sharp increase in the price of medicines, adding a significant burden on the population.

07-03-2017

Syrian manufacturers that are able to pay in foreign currency will be given priority when buying oil products, a rare instance of the government encouraging the use of the dollar in the domestic market.

21-02-2017

While a Syrian company announced last week the beginning of production and sale of two new cars assembled locally, the Government still struggles to attract back manufacturers.

21-02-2017

The Syrian President has issued a law aiming at clamping down more severely on illegal quarries and raising government revenues from them.