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Thursday, October 17, 2024

Fuel Price Hike: Syrian Govt Doubles Workers Salaries

Syrian President Bashar al-Assad has ordered a 100-per cent salary raise as the government sharply raised the fuel prices, according to local media.

The salary increase, covering state employees, retirees, and military personnel, is the ninth since 2011 when the Syrian war broke out, NAN reports.

The country’s economy has since been mired in an economic crisis.

Prior to the decision, the monthly salary of civil servants had been between around 10 and 25 U.S. dollars, depending on the Syrian pound’s street value.

On Tuesday, the Syrian Ministry of Internal Trade and Consumer Protection raised the prices of diesel fuel for transportation and bakeries by about 180 per cent, and normal-octane gasoline by about 165 per cent.

The hike in fuel prices caused a state of chaos on the streets as many bus drivers refused to work on Wednesday.

The price hike also led to a disruption in food prices, which have gone up between 30 and 100 per cent. – NAN

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