Syrian government plans loans and lift taxes rescheduling| MENAFN.COM

Monday, 08 August 2022 04:01 GMT

Syrian government plans loans and lift taxes rescheduling

(MENAFN) The Syrian government plans a recovery schedule that includes re-studying the loans and lift taxes, according to The Daily Star. Ismael Ismael, Finance Minister, commented: "Rescheduling loans and taxes for commercial and industrial establishments will facilitate the repayment of loans to banks and [help restore] liquidity to the economy." Adib Mayaleh, Syrian Central Bank Governor, stated that businesses will not be exempted from interest payments. Instead, banks payments will be rescheduled.

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