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Regime worried as farmers refuse to sell their wheat

(Eqtsad)-Syrian government has set off alarm bells due to the low turnout of farmers who are do not want to sell their wheat crops to the Grain institution. The manager of plant production in the Ministry of Agriculture revealed in a press statement the marketed amounts so far do not exceed...

Syria hikes price of petrol by 40 pct: state media

Syrian authorities on Thursday decided to raise the price of fuel, the official news agency SANA said, including petrol by 40 percent. The minister of internal trade and consumer protection issued the order for the price of a liter of petrol to be increased from 160 to 225 Syrian pounds (about...

Olive oil prices soar in Syria as exports increase

Translation by Yusra Ahmed (Eqtsad)- Exporting olive oil to Gulf Countries and Europe led to doubling its price 100% within 3 months. Eqtsad correspondent in Homs reported that the price of one 16-litre-can of olive oil is sold in the north countryside of Homs for SYP (20-25) thousand, while...