How does Central Bank of Syria benefit from exchange rate manipulation?
Expressive pictures of 2,000 SYP banknotes and a 100 U.S banknote in the city of Idlib - 2 June 2020 (Enab Baladi / Youssef Gharibi)
Enab Baladi – Nour al-Deen Ramadan
On 1 December, the Central Bank of Syria (CBS) issued operating instructions for amendments to some of the articles of the military service presidential decree. According to the text of the decree published by the state-owned Syrian News Agency (SANA), the amendments are about setting the exemption fees, whether in US dollars or its equivalence in Syrian pounds, for Syrians living abroad and inside the country.This includes males serving in administrative positions.
Syrian opinion split on decentralizing power in new constitution
December 10, 2020 Share
Under U.N. Security Council Resolution 2254, a critical step toward a political solution to the Syrian crisis is the drafting of a new Syrian constitution. To that end, the Constitutional Committee in Geneva has conducted three rounds of discussions, with little to show for it. One of the key components of the new constitution is the decentralization of power. The issue is hard for Syrians to approach objectively, however, because depending on their class, ethnicity, and religion they have been impacted by the highly centralized system of governance in vastly different ways.