SYRIATV — broadcast
20260806 153000 UTC
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[00:00:12] in some materials related to
[00:00:23] 80% of
[00:00:32] an increase in the exchange rate businesses. To support this
[00:00:40] Between the challenges of inflation and market new burdens on the fluctuations, economic
[00:00:44] issues emerge that touch on the daily lives of citizens.
[00:00:48] We shed light on the factors that have driven prices to
[00:00:51] unprecedented levels in recent years,
[00:00:55] and we discuss the role of exchange rates, fuel, and supply
[00:00:58] bottlenecks in deepening living pressures. In our
[00:01:02] second topic, we examine the shortage of small
[00:01:05] denominations after the withdrawal of old banknotes from
[00:01:09] and there are many innovations. circulation earthquake-affected areas and its repercussions on buying
[00:01:12] training young people on and selling operations in daily transactions. These
[00:01:15] are the main topics of today's economic monitor, and as usual, we
[00:01:19] start with a review of the most important
[00:01:21] Of course, and is close to economic news for
[00:01:22] this week.
[00:01:29] of coffee. We need a solution to what affects The Sarh Holding Company, affiliated with the Syrian Sovereign
[00:01:32] Fund, signed a contract with Canadian company Interhealth to rehabilitate
[00:01:36] and develop 14 national hospitals in various
[00:01:39] governorates, in coordination with the Ministry of Health. Health
[00:01:43] Minister Musab Al-Ali explained that the project, which spans
[00:01:46] 24 months, aims to modernize the infrastructure
[00:01:49] and medical devices according to the latest standards.
[00:01:53] For its part, the implementing parties confirmed that the project
[00:01:56] includes planning, execution, and operation phases,
[00:01:59] as well as knowledge transfer to Syrian cadres, which contributes
[00:02:03] to improving the quality of healthcare and supporting
[00:02:06] the development of medical tourism
[00:02:11] and taped. This is normal, in Syria. Finance Minister Mohammad Yasser
[00:02:14] Bernieh issued a directive obliging all directors in the ministry and its
[00:02:17] affiliated or associated institutions and bodies to disclose
[00:02:21] any kinship with employees up to the fourth degree. The
[00:02:24] directive is based on the Cabinet's decision
[00:02:27] regarding the regulation
[00:02:30] of public employment among relatives, which prohibits certain
[00:02:35] they can give an additional item, employment cases within
[00:02:36] they were collected and published the same entity or organizational unit. The directive also stressed
[00:02:39] the need to address existing employment situations according
[00:02:43] to legal frameworks and to enhance the principles of transparency
[00:02:46] weight or its relative importance and equal opportunities in the
[00:02:48] on the importance public sector.
[00:02:57] prices, it affected In a move that will support digital
[00:02:58] the bill, it affected transformation and the development of the financial services sector, the Minister
[00:03:01] of Finance, in a statement to Syrian TV, revealed the imminent issuance of
[00:03:05] the legislative framework regulating all types of financial services and electronic
[00:03:09] about the importance of payment, which the Central Bank of Syria is working on preparing for
[00:03:13] approval by the People's
[00:03:16] Aleppo, from Assembly.
[00:03:18] Of course, the Central Bank of Syria is working on establishing
[00:03:22] the legislative framework that will help in licensing
[00:03:26] all types of financial services
[00:03:28] going? We are dealing with and electronic payment. And God willing, and Television is on
[00:03:30] this system will see the light soon. I am aware that there is progress
[00:03:34] in its preparation, and it will be
[00:03:37] Syrian family. Why? Because approved by the People's Assembly. When it is approved, all types of financial and electronic banking companies
[00:03:41] will be licensed,
[00:03:44] And there is a lot of cooperation from including digital banks, including electronic payment
[00:03:47] services in various forms, such as wallets and so on. So, God
[00:03:50] willing, this is being worked on by the Central Bank of Syria,
[00:03:53] and we are also following this path through electronic
[00:03:56] invoicing, emphasizing electronic invoicing, emphasizing electronic
[00:04:00] linkage, and emphasizing linking electronic payment
[00:04:04] a set of with invoicing, with registration with taxes together.
[00:04:08] And this survey was God willing, tax services will move towards being digital services, and this
[00:04:12] will help this entire system to work together.
[00:04:16] Electronic payment does not depend on
[00:04:19] one entity
[00:04:23] only.
[00:04:26] A report by the Planning and Statistics Authority revealed
[00:04:30] entrepreneurs. We continue that Syria witnessed an unprecedented inflationary
[00:04:34] wave between 2010 and 2015, during
[00:04:38] which prices rose from relatively stable levels
[00:04:41] to rates of high cost of living that are among the highest
[00:04:44] in the region. But how did prices reach these
[00:04:47] high levels? And what is the most
[00:04:51] influential factor in the inflation wave? We continue
[00:04:55] but there is responsiveness. The official in this presentation of the study, where the decline in the Syrian Pound's exchange
[00:04:59] rate was the most influential factor in price
[00:05:02] increases, as the rise in the dollar directly
[00:05:05] affected the cost of goods
[00:05:08] Why do you think there was and production, with the dollar's exchange rate rising from
[00:05:11] 58.39
[00:05:12] pounds to 139.32
[00:05:16] pounds by the end of 2013. However,
[00:05:20] the exchange rate was not the only factor; there were
[00:05:23] other challenges that increased pressure on markets
[00:05:27] and raised the cost of living. Supply
[00:05:29] chain bottlenecks and the disruption
[00:05:32] of productive areas contributed to reducing supply
[00:05:35] and increasing transportation costs, while the effects of
[00:05:39] rising fuel prices extended to food, housing,
[00:05:42] transportation, and services, according to the study. Along with these
[00:05:46] internal challenges, external variables also added
[00:05:51] economy and prices, as global crises such
[00:05:55] as the Corona pandemic and the war in Ukraine
[00:05:58] coincided with increased speculation and pricing
[00:06:02] based on future expectations, accelerating the pace
[00:06:05] of price increases and deepening living
[00:06:07] pressures. In the face of these accumulated variables,
[00:06:11] questions arise about the ability of
[00:06:14] current indicators to reflect the living reality
[00:06:17] of Syrian families. The study concluded
[00:06:20] that the consumer basket adopted since 2009
[00:06:23] no longer reflects the current
[00:06:27] spending patterns of Syrian families, calling for its
[00:06:30] updating and a review of monetary
[00:06:33] policies
[00:06:34] and support mechanisms.
[00:06:41] To talk more about this topic, we are pleased to host in the studio Mr.
[00:06:45] Bashar Qassem, Director of the National Accounts Department at the Planning
[00:06:49] and Statistics Authority. Welcome, Mr. Bashar. So, let's say
[00:06:52] these numbers that were recently published by
[00:06:55] you are the result of 15 years
[00:06:59] of rising consumer prices in Syria.
[00:07:02] But as we mentioned earlier, we were discussing, you and I, that
[00:07:06] these numbers were not clear to the Syrian citizen. How
[00:07:10] were they worked on by you
[00:07:13] and presented in this study? First, I am happy to welcome
[00:07:16] you
[00:07:18] and the viewers.
[00:07:20] And thank you for hosting us to clarify some matters that were
[00:07:23] absent from the viewers or the public.
[00:07:27] Regarding the numbers that we have now published in the study, they are
[00:07:31] indicators, the Consumer Price Index (CPI),
[00:07:34] which was previously collected by the Central Bureau of Statistics
[00:07:38] and currently within the Planning and Statistics Authority after their
[00:07:42] merger. Regarding
[00:07:45] index numbers and inflation,
[00:07:48] on websites within the Central Bureau of Statistics'
[00:07:52] website previously, but the lack of attention to the
[00:07:56] number and the government's lack of focus
[00:08:01] of this number was absent from people's
[00:08:04] minds or unheard by the public. Yes, yes.
[00:08:07] So, regarding the indicator or how does the
[00:08:11] lack of data affect the accuracy of economic
[00:08:14] indicators? Let's clarify a little for the public or followers who do not
[00:08:18] have a background or idea
[00:08:21] having this type of data periodically. How can it affect
[00:08:25] economic decisions in the state? Any indicator collected or any
[00:08:29] data collected by the Planning and Statistics Authority affects
[00:08:32] government decisions. For example, we must be clear,
[00:08:35] the consumer price index relies on the consumer basket.
[00:08:38] The consumer basket is a basket of
[00:08:42] goods, commodities, and services that are spent on by
[00:08:45] families. It was
[00:08:49] developed through surveys
[00:08:52] and published as
[00:08:56] a result of periodic surveys
[00:08:59] that are carried out by the Central Bureau of Statistics and the
[00:09:02] Planning and Statistics Authority currently.
[00:09:06] As for the consumer basket, it is, as we explained earlier,
[00:09:10] a set of goods and services that are spent on by the family annually.
[00:09:13] This basket takes
[00:09:16] weights that are weighted
[00:09:19] and given relative importance to each item within this basket,
[00:09:23] and accordingly, prices are collected and the consumer price index
[00:09:26] is calculated. After calculating the consumer price index,
[00:09:30] inflation is calculated, which is the change in the consumer price index
[00:09:34] between one month and another or between one year and the preceding year.
[00:09:37] Right. So, regarding the indicators that are
[00:09:41] within the measure, what are the most prominent indicators
[00:09:45] and where did you find the most prominent changes
[00:09:47] to be? As for the Consumer Price
[00:09:51] Index, it comprises a set of main categories,
[00:09:55] about 14 main categories within the index. The most important
[00:09:58] category was the food and beverages category, which
[00:10:02] accounts for about 40% of the basket.
[00:10:05] However, some goods and items affect the
[00:10:08] entire basket, such as fuel.
[00:10:13] So, it affects the entire basket
[00:10:16] and not just the expenditure category, which is household
[00:10:19] expenditure. Yes. As for the rest of the sectors,
[00:10:23] they come according to government spending. For example,
[00:10:26] in the years of the Corona crisis
[00:10:30] or COVID, there was high spending on health,
[00:10:33] but there was a high increase
[00:10:37] this issue, which affected only the health sector. As for
[00:10:41] other sectors, there was no impact on them within this basket.
[00:10:45] Uh-huh. So, if we want to infer future
[00:10:49] numbers and forecasts for consumer prices,
[00:10:52] we have almost seen
[00:10:57] recently in the past few months. How do you think
[00:11:00] this will be reflected in consumer prices in the coming
[00:11:03] months, and when will the official monthly
[00:11:07] figures be released? As for the official monthly
[00:11:10] figures for the years from
[00:11:12] 2010-2011 to 2025, they are published on
[00:11:15] the official website of the Planning and Statistics Authority. As for the
[00:11:19] official figures for 2026, they
[00:11:22] will be published next week. These
[00:11:25] figures, as a price index, reflect the spending
[00:11:29] level of these families based on their spending in 2010. We should
[00:11:33] note that 2010 is the base year for this basket,
[00:11:36] and work is currently underway to
[00:11:39] produce price indices with a base year that keeps pace with the current
[00:11:43] spending of modern families
[00:11:46] reality. As for the main reasons and currently
[00:11:51] inflation and the price index,
[00:11:55] we have pivotal reasons. With stable exchange rates,
[00:11:59] we still have the seasonality of goods
[00:12:02] and services. Regarding the seasonality of food
[00:12:05] items and the seasonality of production, we
[00:12:08] have the issue of energy services
[00:12:11] or energy-supporting materials
[00:12:15] such as fuel and oil that serve factories
[00:12:19] for materials, for example, manufacturing industries that
[00:12:22] are included in the consumer basket. What about electricity?
[00:12:25] As for electricity, it is a sector
[00:12:28] that was not highlighted in previous periods. The basket
[00:12:32] was in 2010, but currently, after adding and updating the basket
[00:12:35] for the electricity sector,
[00:12:38] factories and plants, as well as household
[00:12:42] spending, are reflected not only
[00:12:45] in the electricity bill that is paid, but there is a set
[00:12:48] of alternative energy sources that have been worked on,
[00:12:52] a set of generators that were relied
[00:12:55] on for a period of time. So, several axes
[00:12:59] were generating electricity for the family, and they are currently
[00:13:03] monitored within the new baskets, not within the electricity
[00:13:06] bill that is paid directly, because the relative
[00:13:11] in the basket during the coming periods was based
[00:13:15] on its spending in 2010. But currently, after
[00:13:19] the increase in electricity
[00:13:23] the consumption pattern of the family
[00:13:27] from electricity. And the factor of rationing periods
[00:13:30] also played a role in the increase in prices.
[00:13:34] Uh-huh. So why was 2010 chosen as
[00:13:37] the base year for you? The year 2010 was
[00:13:41] chosen as the base year because it is used
[00:13:45] as a base year in the household income and expenditure survey
[00:13:48] that is conducted by the Planning and Statistics Authority. The household
[00:13:52] income and expenditure survey provides the basic indicators for
[00:13:55] weights and selecting the consumer basket that
[00:13:58] is spent on by the
[00:14:02] this survey monitors all expenditures of the Syrian
[00:14:06] family throughout the year, and then this percentage is taken
[00:14:09] at the governorate level, whether urban or rural,
[00:14:13] and this basket is collected in an integrated manner according
[00:14:16] to international classifications that are consistent with international
[00:14:20] classifications such as COICOP
[00:14:23] to work on the basket and take the weights and then produce
[00:14:26] the numbers to monitor the spending
[00:14:29] and consumption patterns of families during this period.
[00:14:33] not completed until 2009.
[00:14:36] 2009 and the release of the results in 2010 were
[00:14:39] almost the base year for producing the CPI index.
[00:14:43] Yes, very good. Thank you, Mr. Bashar Qassem,
[00:14:47] Director of the National Accounts Department at the Planning and Statistics Authority.
[00:14:50] Thank you for this clarification.
[00:14:52] Thank you.
[00:14:58] After the replacement rate of old Syrian banknotes exceeded
[00:15:02] 95%, the Central Bank of Syria announced a final
[00:15:06] opportunity for one week only and extended
[00:15:09] the withdrawal of the old currency in Raqqa and Deir Ezzor governorates
[00:15:13] until the 20th of this month. However, beyond the replacement
[00:15:16] figures, Syrians face another kind of problem:
[00:15:20] the shortage of small change.
[00:15:23] Sweets have become a substitute for
[00:15:26] the missing change, while vendors,
[00:15:30] taxi drivers, and microbus drivers
[00:15:33] face daily difficulty in providing change to passengers
[00:15:37] due to the current shortage of small
[00:15:40] denominations of 10 and 25 Syrian pounds, and the complete
[00:15:44] absence of the 5-pound denomination. Our report reveals
[00:15:47] how citizens have reinvented a commercial
[00:15:50] equation to overcome
[00:15:51] this dilemma.
[00:15:56] Now, the most common denomination we can't find is
[00:15:59] the 500. And they accept the old ones.
[00:16:02] Honestly, some people don't accept them, so we lose
[00:16:06] money or lose a customer.
[00:16:41] The 25 and 10 are rare here, and we try
[00:16:44] to get
[00:16:46] them from banks, from merchants, from
[00:16:50] traders. We try to take 1000-pound notes from them
[00:16:53] for change. Here, we are suffering from the 10-pound
[00:16:56] currency. For example, a customer came to me and wanted to buy
[00:16:59] for 14,000, and I didn't have change. He gave me 15,000. We give him,
[00:17:03] for example, a small packet
[00:17:06] this problem. From the concerned officials in Deir Ezzor, from the
[00:17:10] Deir Ezzor Bank, to find a solution
[00:17:12] to this issue.
[00:17:14] To talk more about this issue, we are pleased to host in the studio
[00:17:18] Dr. Samer Qassar, Professor of Banking and Finance at the Faculty
[00:17:22] of Economics at Damascus University. Welcome, Doctor.
[00:17:25] As you witnessed, there is an actual,
[00:17:28] real problem with small change
[00:17:31] and fractions. Why were no new
[00:17:35] banknotes or small denominations printed as an alternative
[00:17:39] to the 500-pound note? First,
[00:17:42] I thank you very much for the opportunity to be with you on this good platform.
[00:17:46] There is no experiment without weaknesses. We cannot say that
[00:17:49] the currency exchange experiment in Syria is perfect
[00:17:52] and complete and has no problems. Small problems appeared
[00:17:55] at the practical level, especially, as the citizens
[00:17:59] mentioned, the loss of the 5-pound
[00:18:02] denomination. But, of course, to be honest, our Syrian people
[00:18:06] are creative. They
[00:18:08] mean, okay, if there are no 5-pound notes,
[00:18:12] and we can look at this as increasing circulation,
[00:18:15] but there is a logical, simple solution. Now there is a 25-pound
[00:18:18] denomination and two 10-pound denominations. So, whoever wants
[00:18:21] 5 gives 25 and gets 10 and 10 back. It's manageable.
[00:18:25] However, the problem is the availability of these new denominations,
[00:18:29] which are the 25-pound and 10-pound notes. Of course,
[00:18:32] we urge and commend
[00:18:35] from this esteemed platform that the Central Bank focuses more on
[00:18:38] these denominations because the circulation,
[00:18:42] let's say, of small values that are related to daily
[00:18:45] transportation and purchases needs these denominations.
[00:18:49] So, I hope there will be more focus on printing currency.
[00:18:52] Our information indicates that the quantities are sufficient,
[00:18:56] but there might be a logistical problem in terms of distribution
[00:18:59] or providing larger quantities of small denominations, which are
[00:19:03] 25 and 10. The conclusion I want to say is that we can
[00:19:06] look at this issue from a broader perspective. What is the big problem
[00:19:09] that prevents the exchange of currency in a country that has come
[00:19:13] out of war and out of 60 years of
[00:19:16] tyranny and slavery? I mean, if this is the problem,
[00:19:21] citizens and economic activities in actually
[00:19:25] moving towards the new currency and rejecting the old, obsolete currency
[00:19:29] that has ugly symbols and images. So there are logistical
[00:19:33] problems, but I hope the Central Bank, because the Central Bank is listening,
[00:19:36] honestly. Now, let's look. The end of the first exchange was
[00:19:40] on the 31st of the month. Then it became
[00:19:43] the 18th. There was a need, and citizens raised their voices
[00:19:47] on Facebook and other platforms. The state
[00:19:50] listened. The next day, the professor
[00:19:53] said, "Okay, we have until Thursday, one week." And even the governorates
[00:19:57] that did not have centers and had,
[00:20:00] more or less, problems in the eastern region,
[00:20:04] of course, because there are no banks in the eastern region like
[00:20:15] other regions, the capital and Aleppo. Okay, he gave
[00:20:18] us until August 20th specifically. Now, everything in Damascus
[00:20:22] and other governorates is only exchange or the coexistence phase.
[00:20:25] It is only in central Damascus. The point I want to make
[00:20:29] is that the experience is not perfect,
[00:20:33] is listening, responding, and making decisions on the ground and solving
[00:20:37] the problem. So, thank God, we need to cooperate.
[00:20:46] a focus on large denominations at the beginning
[00:20:50] of the injection? I mean, we all saw 500-pound notes in very
[00:20:54] large quantities at the beginning, and then 200. What
[00:20:57] is the economic reason? The economic reason is that we inherited
[00:21:01] a devastated country with 100% inflation
[00:21:05] and more. So, when you have high inflation and prices, I mean,
[00:21:08] a bag of 100 million would require two people to carry it.
[00:21:12] Let alone if they gave you 500. So, the Central Bank decided to
[00:21:15] start with large denominations to absorb
[00:21:19] these huge quantities. Soon,
[00:21:22] one will need a scale to weigh the price of a car.
[00:21:25] And this is something we used to see; they used to carry the price of a car in a Hyundai. So, he started with something,
[00:21:29] I mean, the problem is deeply rooted. So, the Central Bank
[00:21:32] started with the priorities. The priority
[00:21:35] is, let's say, to absorb
[00:21:38] the large mass resulting from the existing
[00:21:42] inflation and remove two zeros, and then address other
[00:21:45] problems. We have reached a stage where small denominations
[00:21:48] are not widely available for small daily transactions
[00:21:52] related to daily purchases. It's okay, if the problem is here,
[00:21:56] we are willing to solve it gradually,
[00:21:59] However, do you think this will not affect prices and pricing
[00:22:02] in terms of rounding up? I mean, people might round up the price higher
[00:22:06] to avoid the issue. To be honest,
[00:22:08] sometimes one party will be wronged, but
[00:22:12] may God have mercy on a person who sells leniently and buys leniently.
[00:22:15] Of course, this is not an invitation for anyone to be wronged at anyone else's
[00:22:19] expense. But there are innovations. For example, if you have extra
[00:22:23] money, the shop owner might give you an item you need. When there's an excess, as we talked about
[00:22:26] the 25 and two 10s. But when all denominations are not
[00:22:29] available, of course, there will be obstacles to smooth
[00:22:33] circulation in general. Madam, let me tell you something.
[00:22:36] In the end, this is a transitional phase. We must move,
[00:22:40] and this is clear and present in the government's mind,
[00:22:43] to digitize cash circulation.
[00:22:47] I mean, e-money and all that stuff, and everything becomes digital
[00:22:50] circulation. You know, in the end, currency, no matter how high its
[00:22:54] quality, is subject to damage and wear and tear. We've already
[00:22:57] started seeing 10-pound notes torn
[00:23:01] not because of our currency, but this is normal. That's why all countries
[00:23:04] eventually resort to digitizing the existing money supply
[00:23:08] and its circulation. And this is what the Central Bank is doing, but it will take
[00:23:11] some time. We have only been out of this crisis for a year and eight months,
[00:23:15] a year and seven months, thank God. The economic crisis, but
[00:23:18] the results on the ground are amazing, thank God. There is acceptance
[00:23:21] of the new currency and its circulation. Small obstacles are being addressed.
[00:23:25] So, let's go back to the currency exchange issue. Since the Central Bank
[00:23:29] gave a five-year deadline for exchange through it
[00:23:32] exclusively, do you think we might take five
[00:23:36] years or can we accomplish you mentioned in the report,
[00:23:39] 90-95% of the existing money supply has been exchanged.
[00:23:43] There is only 5-10%, let's say, with a statistical
[00:23:46] error. So, the 10% will not,
[00:23:50] in my estimation, take more than a year and a half to two years.
[00:23:54] anymore. However, the Central Bank wants to work in a systematic
[00:23:58] and fair way for everyone. If you have an old 500-pound
[00:24:02] note, you want to exchange it, of course, within the regulations set,
[00:24:05] 100 notes, and so on. The ultimate goal of
[00:24:08] this is to achieve complete transparency
[00:24:11] regarding the sources of funds: where did this money come
[00:24:14] from and where is it
[00:24:18] the International Monetary Fund, with the Turkish Central Bank,
[00:24:21] the German, Canadian, and US Federal Reserve.
[00:24:25] These institutions do not deal with financial institutions that lack
[00:24:28] transparency or, for example, The standards are very high
[00:24:31] and international standards. So, in answer to your question,
[00:24:35] I don't think we will take five years. Maybe a year or
[00:24:39] more, and things will be completely transitioned
[00:24:42] to the new, beautiful currency that reflects
[00:24:45] our culture and our social components. Thank you, Dr.
[00:24:48] Samer Qassar, Professor of Banking
[00:24:52] and Finance at the Faculty of Economics at Damascus University. Thank
[00:24:54] you for this clarification.
[00:25:02] Despite the challenges it faces, e-commerce in Syria continues
[00:25:06] to solidify its presence as a promising
[00:25:09] sector, driven by growing demand and increasing initiatives
[00:25:13] aimed at building a more advanced and empowering
[00:25:16] digital environment for
[00:25:20] in this report.
[00:25:24] E-commerce: a promising market in Syria. This
[00:25:27] was shown by the figures used during the E-commerce Forum,
[00:25:30] as forecasts indicate that the market size will reach
[00:25:34] approximately 1215 million dollars by
[00:25:38] 2030. The sector also records
[00:25:41] more than 5 million orders annually
[00:25:44] with a total value exceeding
[00:25:47] 52 million dollars, an indicator
[00:25:50] that confirms the existence of real demand for e-commerce
[00:25:53] services despite the challenges related to
[00:25:57] infrastructure and payment methods. Traders
[00:26:00] need to work harder. We are looking
[00:26:04] at something close to 12% of the total companies
[00:26:08] that we surveyed
[00:26:11] do not have a website. You are
[00:26:14] talking about approximately only 22%
[00:26:18] using social media in their work.
[00:26:22] So you are almost talking about
[00:26:26] companies that are not even working on social
[00:26:29] media to promote their
[00:26:33] growth, initiatives continue to aim at supporting the sector
[00:26:37] and expanding the base of those working in it through training
[00:26:40] camps and specialized programs that provide young
[00:26:44] men and women with the necessary skills to enter the world of
[00:26:47] e-commerce and launch their digital
[00:26:50] projects in the field of e-commerce.
[00:26:53] Specifically, we are currently
[00:26:57] implementing a project with the support of the German
[00:27:00] Ministry of Foreign Affairs, GIZ.
[00:27:03] Of course, this project is being implemented in the
[00:27:08] of Latakia, Aleppo, Afrin,
[00:27:11] and Azaz. We are
[00:27:14] digital skills that enable them to
[00:27:18] obtain remote work opportunities. One of
[00:27:21] these skills is e-commerce.
[00:27:24] e-commerce goes through the same equation that
[00:27:27] I previously told you about. To this day, we have graduated
[00:27:31] 50 young people. After
[00:27:34] graduation, we host these young people
[00:27:37] within Dalny Liwan. The forum
[00:27:41] brings together entrepreneurs and experts with decision-makers
[00:27:44] with the aim of unifying visions and discussing
[00:27:47] challenges, leading to the development
[00:27:51] of an integrated vision that contributes to developing
[00:27:54] the e-commerce environment and enhancing its growth
[00:27:58] in Syria.
[00:28:01] This brings us to the end of this episode of The Economic Monitor.
[00:28:04] Thank you for watching, and we will meet you, God
[00:28:07] willing, next week. Goodbye.
[00:30:26] This is the seven o'clock news from Syria TV. Welcome
[00:30:29] viewers, I am Ruba Haboush and we start with the headlines.
[00:30:34] Al-Shaibani discusses in Ankara with Fidan security and economic
[00:30:37] cooperation and discusses the file of merging SDF with
[00:30:40] the head of Turkish intelligence.
[00:30:44] The Minister of Finance announces the suspension of 34
[00:30:48] workers in the ministry's institutions and the Financial Oversight Authority
[00:30:52] reveals a corruption case in the Real Estate
[00:30:54] Bank exceeding 8 million
[00:30:57] dollars.