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FINANCIAL NEWS
Syrian government plans loans and lift taxes rescheduling
24 Aug 2013
(MENAFN) The Syrian government plans a recovery schedule that includes re-studying the loans and lift taxes, according to The Daily Star.
Ismael Ismael, Finance Minister, commented: “Rescheduling loans and taxes for commercial and industrial establishments will facilitate the repayment of loans to banks and [help restore] liquidity to the economy.”
Adib Mayaleh, Syrian Central Bank Governor, stated that businesses will not be exempted from interest payments. Instead, banks payments will be rescheduled.
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