In an attempt to find answers regarding the deteriorating Syrian economy
“Eqtsad "made an interview with Dr. Hussein Alamash , an economist and
former director of the unemployment committee in Syria.
DR Ammash assured that If the regime has not fallen yet, the Syrian
economy has for sure collapsed because the regime is using all the country’s
resources such as the central bank reserves, printing more Syrian currency
which caused severe inflation and currency devaluation, people’s money and
properties, abroad secret accounts that were stolen for 20 years from the oil
revenues in addition to the huge Iranian money pumping into the regime to keep
it alive.
The Syrian economy is dead, no production, distribution, exporting, or importing since most of the factories are located in rebels-held areas which constitute 90% of Syria's economy.
Dr. Hussein Alamash
He added In addition to the collapse of the exchange rate which reached
335 pounds to the dollar for several months, unemployment, and sever poverty
rate which exceeded 70 % of the population.
The future of the economy is dark unless this regime leaves immediately
because no stability or security is possible with its presence, in addition to
the current opposition leaders and "Isis" which have stolen the
revolution and added more misery to Syrians’ lives.
The only solutions to revive this economy is first by using the
so-called " Syrian National Fund for reconstruction " with / 5 /
billion dollars capital as a start ,funded by Syria’s friends, international
organizations, expatriates, and other sources.
The Second solution is using oil revenues in the free areas of Syria
which can at least provide no less than 100 million dollars a month to be put
in the (Internal Revolution Central Treasury), He concluded.
This post first appeared at Eqtsad, fellow-Zaman Alwasl newspaper;
Translation by Dani Murad
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