In a press release, the cabinet explained that about a billion dollars of the total subsidy budget goes to the hydrocarbon sector of diesel, gasoline, gas and electricity, and about 500 million dollars for bread.

Some 300 million dollars were also allocated to subsidize rice and sugar, and for funds to Support Agricultural Production, Mitigation of the Effects of Drought and Natural Disasters, and the Transition to Modern Irrigation.

The Executive clarified that the state budget for 2023 estimated at 5.5 billion dollars was approved, with an increase of 24.2 percent compared to the current year’s budget.

According to Prime Minister Hussein Arnous, the budget plan is focused on completing economically viable projects, boosting production, improving services and the agricultural and industrial sectors.

In previous statements, the chief executive reassured continuity of subsidy approach, despite the growing financial difficulties implicated due to the imposed blockade and the occupation of oil and gas-rich areas by the United States, depriving the Syrian state of a major source of income.

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