Sep 14, 2012
DAMASCUS, (SANA) - Prime Minister Wael al-Halqi said that the situation of the Syrian economy is balanced despite pressure and unjust economic sanctions imposed on it.
In an exclusive interview with the Syrian TV to be broadcast after the 8:30 pm main newscast, al-Halqi stressed the ability of the Syrian economy to comply with the crisis no matter of its duration, adding that all citizens' needs are secured including currency reverse and main necessities, topped by fuel.
Al-Halqi refuted rumors on the deterioration of the Syrian Pound and the Central Bank of Syria as "untrue", saying that "Syria's reserve of Syrian currency exceeds SYP 600 billion.
Premier al-Halqi reassured citizens that the Syrian Pound is stable and it has preserved its stability since September 2011.
Al-Halqi said that the price of the Syrian Pound has been linked to new variables whether in Euro, Dollar or other currencies to cope with the impact of the US sanctions imposed on the Syrian banks and the difficulty of transfer.
He added that the intervention of the Central Bank of Syria in selling and purchasing operations and allowing private banks and exchange offices to issue currency exchange rate bulletin by a margin of 1% contributed to the stability of the Syrian Pound.
He hailed the armed forces' efforts to eliminate the armed terrorist groups throughout the Syrian provinces, adding that these terrorist groups targeted oil fields since the very beginning, set up barriers on roads and hindered the citizens' movement.
© SANA (Syria Arab News Agency) 2012
