kassioun
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The issue of “cash allowance” is being raised again these days, which supposedly will be distributed in place of the subsidies. Meaning, subsidy policies will be completely and officially eliminated, not only through what has been done thus far in terms of decreasing subsidies in all sectors, but fully eliminating it.
A few days ago, the 31st Arab Summit concluded in Algeria. The final communique of the summit included important indicators related to several international and Arab issues, including continuing to take a (practically positively) neutral position from the Ukrainian issue. These also included going back to the usual official positions on the Palestinian cause, which could be understood not only due to the effect of the prominent and undoubtedly important Algerian role, but also the desire of some Arab states, including those that have lately slipped towards normalization with the Zionist entity, to keep the door open so they could escape the consequences of normalization in a world that is quickly changing in a direction that goes against Western and Zionist interests. The aforementioned indicators also included what was said about the Syrian situation, which constitutes a good step forward in objectively dealing with the Syrian crisis through politically resolving it and UNSC Resolution 2254, and not through foreign interventions as was the case in previous positions of the Arab League over nearly eight years of the crisis, that is between 2012 and 2019.
“This explosion is not purely Syrian nor purely Arab. The masses all over the world have woken up and taken to the streets. If we are serious and we want to deal with the facts as they are, we must understand that the peoples have woken up and taken to the streets, and this movement will continue for decades to come”.
For weeks, northwestern Syria has been experiencing a high security and military unrest, especially with the latest invasions by the terrorist al-Nusra organization. This in no way means that things were stable before, as there are always tensions, albeit at varying levels from time to time.
Despite the slight improvement in the exchange rate of the Syrian pound against the dollar during the last two days, the general tendency remains constant towards further deterioration, as long as the same policies continue and particularly the role of the dollar within the Syrian economy.
At the end of September 2022, when winter, which the vast majority of Syrians fear, is on the doorsteps, the average cost of living for a Syrian family of five exceeded 3.5 million Syrian Pounds barrier, according to Kassioun Cost of Living Index (while the minimum amounted to 2,234,339 Syrian Pounds), which leaves Syrian people victims of the new gap that separates these costs from the minimum wage in the country (which does not exceed 92,970 Syrian pounds).
After several months of relative stability of the exchange rate of the Syrian pound, the rate began to decline over the past few weeks to reach nearly 5000 Syrian pounds to the dollar.
It could be said that Putin’s latest speech last Friday, September 30, which he delivered at the ceremony for recognizing the Donetsk, Lugansk, Zaporizhzhia, and Kherson regions as Russian regions, represents a turning point in the global battle between an old world order that is crumbling, and a new world order that is in the process of formation.
It is not our first boat to sink, and if things continue the way they are, it will not be the last. The boat that just sunk is an intensification of the daily death Syrians are experiencing in their country.
Like its predecessors, the state's general budget for 2022 reflected the country's deteriorating situation on all fronts. The factors of war and economic sanctions, and, before this and that, the government policies followed for decades, left an economy afflicted with a heart attack and an infrastructure paralyzed in most of its sectors, which was reflected in a significant decline and deterioration in all indicators of Syrian economic performance.