On January 5th, the Syrian Minister of Finance announced that salaries for public sector employees will be paid on January 5th or 6th. As an emergency measure, many public sector employees’ salaries will be increased by 400% after the administrative restructuring of various departments is completed. The funds for salary increase will come from the comprehensive use of current national finances, regional aid, investment, and possibly unfrozen foreign held Syrian assets. It is expected that a tax reform draft will be submitted within the next three to four months.
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