In Syria, the increase in wages will not compensate for a disastrous economic situation

2023-08-17 16:11:44

In Syria, President Bashar al-Assad has decreed a 100% increase in the salaries of civil servants and retirees in this country worn down by 12 years of war and plagued by galloping inflation. A welcome measure, but which will not compensate for the shortfall, especially since the gasoline subsidies will stop at the same time. The analysis of Jihad Yazigi, editor-in-chief of the Syria Report, a letter specializing in the economy.
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