Arab Times

Syria president decrees 50 pct salary increase


DAMASCUS, Syria, July 11, (AP): Syrian President Bashar Assad issued a decree Sunday giving hundreds of thousands of civil servants and military members a 50% salary increase amid a harsh economic and financial crisis and price increases for vital products.

Assad’s decision came a day after the state doubled the price of bread, the country’s main staple, and increased by 180% the price of diesel fuel.


The Syrian economy has been hard hit by a decade of war, Western sanctions, widespread corruption and most recently a severe economic and financial crisis in neighborin­g Lebanon. The last salary increase was announced in November 2019.

The decree released by Assad’s office put the minimum monthly income at 71,515 Syrian pounds ($22). It also granted military and civilian pension holders an increase of 40% in the retirement pension.

The U.S. dollar is trading at about 3,200 pounds on the black market while the official rate is 2,500 pounds.

Nearly 80% of Syrians live in poverty, and 60% are food insecure - the worst food security situation ever seen in Syria, according to the United Nations.

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