Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Syrian economy suffers from unrest

Sunday, July 14, 2013 11:25
% of readers think this story is Fact. Add your two cents.

(Before It's News)

In Syria, people have been dealing with growing cost of living, more than two years after the unrest broke out in the Arab country, Press TV reports.

œThe prices are unbelievably high. My family is small and I barely buy my basic food needs. The government raised the salaries, but it is not enough. So, we are coming to government markets where there are sales,” a Syrian man said.

Besides the foreign-backed armed conflict in the country, the current situation is also being blamed on sanctions imposed by the Arab League and some regional and western nations.

In some instances, the price of basic food materials have doubled and tripled.

Prior to the unrest, each US dollar was reportedly worth 50 Syrian pounds. A dollar is currently worth 250 Syrian pounds.

Foreign-backed militants have also sabotaged a number of major factories in Aleppo.

Experts say the rise in prices is also the result of goods in high demand being sold at unrealistic prices.

Foreign-sponsored militancy in Syria has taken its toll on the lives of many people, including large numbers of Syrian soldiers and security personnel, since March 2011.

Western powers and their regional allies including the Israeli regime, Turkey, Saudi Arabia and Qatar are partners in supporting anti-Syria militant groups, including al-Qaeda-linked terrorists, to destabilize Syria and overthrow the Syrian government.

SZH/PR

Republished with permission from: Press TV



Source: http://rinf.com/alt-news/breaking-news/syrian-economy-suffers-from-unrest/50270/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.