Syria Sees Budget Expenditure Rising Steeply In 2012

Published on Monday, 31 Oct 07:00 am

The Syrian government on 20 October approved the draft budget for 2012, projecting a 58.8% increase in expenditure to S£1,326bn ($26.8bn) from S£835bn ($16.9bn) in 2011, and a 48.4% increase in revenue reportedly estimated at S£991bn ($20.0bn) from S£668bn ($13.5bn) in 2011 (MEES, 13 December 2010).
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