DAMASCUS, Syria (AP) — Syrian President Bashar Assad issued a decree Sunday giving a whole lot of hundreds of civil servants and navy members a 50% wage enhance amid a harsh financial and monetary disaster and worth will increase for important merchandise.
Assad’s resolution got here a day after the state doubled the value of bread, the nation’s fundamental staple, and elevated by 180% the value of diesel gas.
The Syrian economic system has been onerous hit by a decade of battle, Western sanctions, widespread corruption and most just lately a extreme financial and monetary disaster in neighboring Lebanon. The final wage enhance was introduced in November 2019.
The decree launched by Assad’s workplace put the minimal month-to-month revenue at 71,515 Syrian kilos ($22). It additionally granted navy and civilian pension holders a rise of 40% within the retirement pension.
The U.S. greenback is buying and selling at about 3,200 kilos on the black market whereas the official charge is 2,500 kilos.
Almost 80% of Syrians stay in poverty, and 60% are meals insecure — the worst meals safety scenario ever seen in Syria, in line with the United Nations.