People’s Assembly continues discussing state general budget for 2015

Damascus, SANA – The People’s Assembly on Monday resumed discussions of the bill on the 2015 state general budget which is set at SYP 1,554 with an increase of SYP 164 from the 2014 budget.

The Assembly members stressed the need to protect the state’s properties from infringements, supporting the Administrative Development Ministry, issuing a new law for repossession, expanding the authority granted to the boards of directors at establishments and companies, improving the performance of the Central Census Bureau, increasing the funds allocated to the blood bank, dealing with the issue of illegal housing, rehabilitating the infrastructure in terrorism-affected areas, and returning displaced people to their homes.

The members said that the increased deficit in the 2015 budget is a negative indicator that requires reconsidering unproductive spending and increasing productivity, calling for finding the actual reasons behind the losses in several public sector companies.

They also stressed the need to revitalize the youth employment program, rationalize spending, supporting farmers, and increasing supervision of currency exchange companies.

Hazem Sabbagh

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