Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

Bread subsidies to be lifted within 2 months: Syrian Trade Minister

  • By Al Mayadeen English
  • Source: Agencies
  • 7 Jan 2025 08:52
3 Min Read

Syria's Minister of Internal Trade and Consumer Protection confirmed that the country's current wheat reserves are sufficient to meet its needs for the next five months.

Listen
  • x
  • a Syrian girl pushes a cart loaded with cooking gas canisters, in Aleppo, Syria on December 5, 2016. (AP)
    A Syrian girl pushes a cart loaded with cooking gas canisters, in Aleppo, Syria on December 5, 2016. (AP)

Maher Khalil al-Hassan, the Minister of Internal Trade and Consumer Protection in Syria's new administration, announced that the country aims to achieve self-sufficiency in wheat production by the 2026 season.

In an interview with CNBC Arabia, al-Hassan stated that the Syrian government plans to issue a tender for wheat procurement within the next six to seven months. He also highlighted that the country's wheat reserves are only adequate to meet domestic needs for the next five months.

Al-Hassan confirmed that Syria's wheat production in 2024 fell short of expectations, reaching only 700,000 tons.

He also stated that while a duty-free market in the country could lead to price increases for some goods, most prices have already decreased by approximately 50% or more, and further discussed plans to increase salaries by 400% in the coming days, expecting this to happen before January 15 or at the beginning of February at the latest.

Read next: Syria raises salaries for public sector workers by 50%

Related News

Fierce clashes breakout in Syria's Sweida, leading to displacement

Lebanese Army arrests 10 individuals suspected of terrorism

Al-Hassan expects that economic sanctions could either be lifted or suspended for six months to one year.

Concerning bread, the minister detailed that the cost of producing a kilo of bread is 40 cents in the free market, while it is currently being sold for 20 cents. He added, "We will absorb the difference in the cost of bread production until the market is fully liberated," pointing out that "the bread subsidy will be phased out within a month or two at most."

Al-Hassan also addressed the issue of the Syrian Trade Corporation, stating that the ministry plans to dissolve the institution due to its role as a major source of organized corruption. He emphasized that the Syrian Trade's debt bill to suppliers and traders amounts to approximately 30 billion liras, revealing the government's commitment to settling these debts.

Syria announces 400% pay hike

Syria's Finance Minister Mohammed Abazeed announced on Sunday that public sector employees would see their salaries increase by 400% starting next month.

The move comes as part of an effort to stabilize the country's fragile economy following over a decade of war and sanctions.

The planned salary hike, expected to cost approximately 1.65 trillion Syrian pounds ($127 million), will be funded through a combination of existing state resources, regional support, new investments, and efforts to reclaim Syrian assets currently frozen abroad.

Speaking to Reuters on Sunday, Abazeed described the increase as "the first step toward an emergency solution to the economic reality in the country."

  • Syria
  • Mohammed Abazeed
  • Maher Khalil al-Hassan
  • Syrian economy

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemen Navy sinks ETERNITY C ship, shares footage of operation

Yemen Navy sinks ETERNITY C ship, shares footage of operation

  • Politics
  • 9 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
The Freedom Flotilla ship Handala as it departs for Gaza, where it aims to break the maritime blockade at a port in Syracuse, Sicily in southern Italy on July 13, 2025. (AFP)
Palestine

Freedom Flotilla's Handala departs Sicily in bid to break Gaza siege

The container ship CMA CGM Laperouse, left, docks at the Georgia Ports Authority's Port of Savannah, Sept. 29, 2021, in Savannah, Ga (AP)
Politics

US shipbuilding woes deepen as tariffs, outdated policies backfire

Gaza war raises ethical questions for ex-Obama, Biden officials
Politics

Mercenary firm tied to Gaza war crimes hires Obama-Biden PR operatives

'Israel' targets children in Gaza collecting water
Palestine

'Israel' strikes Gaza kids fetching water, blames it on 'malfunction'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS