Syria announces 200 per cent public sector wage, pension increase
DAMASCUS: Syria announced on Sunday a 200 percent hike in public sector wages and pensions, as it seeks to address a grinding economic crisis after the recent easing of international sanctions.
Over a decade of civil war has taken a heavy toll on Syria´s economy, with the United Nations reporting more than 90 percent of its people live in poverty.
In a decree published by state media, interim President Ahmed al-Sharaa issued a “200 percent increase to salaries and wages... for all civilian and military workers in public ministries, departments and institutions”.
Under the decree, the minimum wage for government employees was raised to 750,000 Syrian pounds per month, or around $75, up from around $25. A separate decree granted the same 200 percent increase to retirement pensions included under current social insurance legislation.
Since war broke out in 2011 with former ruler Bashar al-Assad´s brutal repression of anti-government protests, Syria has faced a painful economic crisis that has persisted even after his December ouster by Islamist-led forces.
The war ravaged the country´s infrastructure and industry, while sanctions compounded Syria´s economic woes. Last month, the United States and European Union announced they would lift economic sanctions in a bid to help the country´s recovery.
-
Prince Harry’s Relationship With King Charles 'changes' With Archie, Lilibet’s UK Doors Opening -
Sara Waisglass Addresses Fans Concerns About Recasting In 'Ginny & Georgia' -
Tim Allen Reflects On Stepping Into Mentorship During 'Home Improvement' Gig -
Royal Tensions Rise As King Charles Navigates Prince Harry, William Feud -
Katie Bates Husband Travis Clark Confesses He Cheated On Her -
Andrew Makes Life As Newly Stripped Commoner Offensive To The People -
Kansas Woman Loses $255,000 In Gold In FBI Impersonation Scam -
Prince Harry Arrives In UK To Fight His Phone Hacking Case -
Nick Jonas Attempts To Take Break From Jonas Brothers With Upcoming Solo Album? -
Hayden Panettiere Gets Candid About Putting Life Story On Paper -
'Ted Lasso' Star Reveals Real Wish For Season Four Story -
Peter Claffey 'just Hoping' For THIS Ahead Of 'Game Of Thrones' Spinoffa -
Sophie Turner Reflects On Life After Motherhood: 'Really Nice' -
Royal Expert Makes Bombshell Claim On How Late Queen Tried To Protect Andrew -
81-year-old Florida Woman Arrested After Chilling Murder Plot -
Cardi B Scores Major Earn Against Offset In Legal Battle