World News

Assad overhauls Syrian Cabinet as nation’s financial system tanks

Syrian President Bashar al-Assad changed a number of Cabinet ministers Wednesday amid a pointy enhance in costs and worsening financial situations through the Muslim holy month of Ramadan, state media reported.

The state information company mentioned Assad changed the ministers of oil, inside commerce, trade and social affairs and labor. SANA didn’t give a cause for the federal government reshuffle, but it surely comes amid harsh public criticism over rising costs and meals shortages throughout Ramadan, when observant Muslims abstain from consuming and consuming from daybreak to nightfall.


Syria’s financial system hit its lowest level this yr because the begin of the battle in 2011, with spiraling inflation, a foreign money plunge and sharp enhance in meals costs.

Syrian President Bashar al-Assad has replaced several members of his Cabinet as the Middle Eastern nations economic situation continues to worsen.

Syrian President Bashar al-Assad has changed a number of members of his Cabinet because the Middle Eastern nations financial scenario continues to worsen. (Reuters)

It’s the results of years of warfare, Western sanctions, widespread corruption and a three-year financial meltdown in neighboring Lebanon.


After a Feb. 6, earthquake hit Turkey and Syria and killed greater than 50,000 individuals, together with 6,000 in Syria, Damascus’ ties with some Arab international locations improved considerably with support from across the area flowing into the war-torn nation.

Syria hopes that an enchancment of relations with oil-rich Gulf Arab nations, that when supported the Syrian armed opposition, will assist ease the financial disaster.

Last week, state Saudi tv reported that the dominion is in talks with Syria to reopen its embassy within the war-torn nation for the primary time in a decade. Other Arab nations within the Persian Gulf, together with the United Arab Emirates and Bahrain, reopened their embassies in Damascus in recent times.

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