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Less subsidies and a larger deficit: 2023 budget does not bode well for Syrians ...Syria
Enab Baladi – Jana al-Issa The Syrian regime’s government approved, on 25 October, the state’s draft general budget for the year 2023 at an amount of 16,550 billion Syrian pounds, which included 13,550 billion pounds for current spending and 3,000 billion pounds for investment spending. As every year, the value of the general budget appropriations increased in Syrian pounds, but it declined due to the deteriorating value of the pound against the US dollar. The social subsidy block within the draft budget for next year amounted to 4,927 billion pounds, which means a decrease in its value from 2022 by about 12%, as its value amounted to 5,529 billion pounds. The salary, wages, and comp
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