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Syrian president doubles public sector wages as national currency spirals downwards

Syria’s president early Wednesday doubled public sector wages and pensions as the war-torn country’s national currency spiraled further downwards, reaching a new low for the year. President Bashar Assad issued the two decrees just before midnight Tuesday as the Syrian pound’s value against the U.S. dollar declined to a new all-time low, down from 7,000 at the beginning of 2023 to 15,000 pounds to the greenback. For over a year, Damascus has been restructuring its program o...
United Kingdom United States Sam Heller Karam Shaar Hussein Arnous Bashar Assad
Source: yahoo.com

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Syrian president doubles public sector wages as national currency spirals downwards – Metro US

BEIRUT (AP) — Syria’s president early Wednesday doubled public sector wages and pensions as the war-torn country’s national currency spiraled further downwards, reaching a new low for the year. President Bashar Assad issued the two decrees just before midnight Tuesday as the Syrian pound’s value against the U.S. dollar declined to a new all-time low, […]
United States United Kingdom Karam Shaar Bashar Assad Sam Heller Hussein Arnous
Source: metro.us

Syrian President Doubles Public Sector Wages as National Currency Spirals Downwards

Syria’s president early Wednesday doubled public sector wages and pensions as the war-torn country’s national currency spiraled further downwards, reaching a new low for the year. President Bashar Assad issued the two decrees just before midnight Tuesday as the Syrian pound’s value against the U.S. dollar declined to a new all-time low, down from 7,000 at the beginning of 2023 to 15,000 pounds to the greenback. At the start of the conflict in 2011, the dollar was trading at 47 pounds.
United States United Kingdom Hussein Arnous Sam Heller Bashar Assad Karam Shaar
Source: aawsat.com

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