A month after he came to power, Syrian leader raises 400 % salaries in the public sector

A month after he came to power, Syrian leader raises 400 % salaries in the public sector

Minister of Finance in Syria Mohammed Abbased has said on Sunday that the provisional government will increase wages by 400 per cent in the public sector in the following month, after completing the reconstruction of ministries, with the goal of increasing efficiency and accountability. This increase, believed to cost $1 127 million, will [...]

This increase, believed to cost $1 127m, will be financed by existing state resources, as well as a combination of regional aid, new investments, and efforts to get access to frozen Syrian assets abroad again.

This is the first step towards emergency solutions to the current economic reality in our state”, Abzaed said, for Reuters news agency.

He has said this month's wages will be released next week.

Syria's provisional government, led by de facto leader Ahmed al-Saharaa, was created after the collapse of Bashar al-Assad's brutal regime, which has been in power for decades.

Assad's regime has been toppled by the Tahir al-Sham (HTS) group, after nearly 14 years of civil war, resulting in more than 500,000 people being killed and millions moved.

HTS is a declared terrorist organisation by the United States and the European Union.

Assad and his family are in Russia, after the asylum that was approved directly by Russian President Vladimir Putin. / REL

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