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Syrian president doubles public sector wages as national currency spirals downwards

Por: ABC News Business August 16, 2023

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BEIRUT -- Syria’s president early Wednesday doubled public sector wages and pensions as the war-torn country’s national currency spiraled further downwards, reaching a new low for the year. President Bashar Assad issued the two decrees just before midnight Tuesday as the n pound’s value against the U.S. dollar declined to a new all-time low, down from 7,000 at the beginning of 2023 to 15,000 pounds to the greenback. At the start of the... + full article



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