Karam Shaar Advisory LTD

Document: Trade Ministry Doubles Subsidized Prices on Sugar, Rice

| Karam Shaar Advisory LTD

The Ministry of Domestic Trade and Consumer Protection raised the subsidised price of sugar from 350 to 800 SYP and that of rice from 400 to 900 SYP (Smart Card price). This is on the back of raising the exchange rate from 700 to 1250 two weeks ago.

Syria is on the verge of starvation.

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