Damascus, SANA – Prime Minister Wael al-Halaqi announced that important decisions were made by the government that would positively affect the currency exchange rates.<\/p>\n
He was speaking during a Cabinet meeting on Tuesday, in which urgent economic issues were discussed, on top being the efforts to stabilize the exchange rate of the Syrian pound (SYP), whose price has suffered a sharp fall against the USD over the past months.<\/p>\n
Al-Halaqi said the government will continue keeping a close watch on the currency exchange market and hunting down manipulators, along the line of implementing the new decisions aimed at stabilizing the exchange rate.<\/p>\n
He highlighted the need to allow more room for institutions which play a positive interventional role in the markets.<\/p>\n
The Cabinet approved a draft law giving private banks one extra year, in addition to the three-year period issued in 2010, to settle their situation by raising their capital to the minimum limit required.<\/p>\n
It also passed a request made by the Ministry of Agriculture and Agrarian Reform for ratifying the 2015 budget of the fund for mitigating the impacts of drought and natural disasters.<\/p>\n
Haifa Said<\/p>\n","protected":false},"excerpt":{"rendered":"
Damascus, SANA – Prime Minister Wael al-Halaqi announced that important decisions were made by the government that would positively affect the currency exchange rates. He was speaking during a Cabinet meeting on Tuesday, in which urgent economic issues were discussed, on top being the efforts to stabilize the exchange rate of the Syrian pound (SYP), …<\/p>\n","protected":false},"author":1,"featured_media":37200,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,122,485,115,123,116],"tags":[814,2542,5213],"class_list":["post-37199","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-newscasts","category-money-and-work","category-economic","category-local","category-news-money-and-work","category-news-locals","tag-cabinet","tag-exchange-rate","tag-increasing-minimum-capital-requirements"],"_links":{"self":[{"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=\/wp\/v2\/posts\/37199"}],"collection":[{"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37199"}],"version-history":[{"count":0,"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=\/wp\/v2\/posts\/37199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=\/wp\/v2\/media\/37200"}],"wp:attachment":[{"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.sana.sy\/en\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}