Important economic decisions expected soon in Syria

Sources of the Syrian government have learnt that the Baath Party leadership will resume meetings under President Bashar al-Assad to complete approving strategies and programs on comprehensive economic reforms.

The leadership has recently approved general policies regarding banks and financial reforms, which led to the opening of private banks and initiating a stock- initiating market and adopting the real value of the US dollar.

The Syrian government sources added that the concentration in the coming meetings will be upon industry in its three sectors: private, public and joint. The new decisions expected to be taken during the forthcoming meetings are to push ahead Syrian industry, particularly at the level of improving quality and providing opportunities of competing with foreign markets.

The new steps come within the process of the all- out reforms initiated by President Bashar al-Assad.