Member of Damascus Chamber of Commerce: The initiative of businessmen has not stopped .. But there are new instructions
A member of the Damascus Chamber of Commerce Hassan Azqoul denied rumors about the halt of the initiative, stressing that what happened was the suspension of the financing process only temporarily, as the Central Bank of Syria is working on new executive instructions to grant funding through the initiative fund, expected very soon, this week , So that new circumstances are taken into account, and that funding is properly provided and for those who really need foreign exchange.
He stressed that the new instructions on financing through the initiative will have a positive impact on the exchange rate, stressing that the Central Bank of Syria is currently working on the issuance of effective instructions in the market, in cooperation with dealers and even licensed exchange companies to express an opinion, noting that businessmen deposit Amounts in dollars in the Fund as required, and that the issue of the suspension of funding is temporary, and will resume appropriately soon.
Azkoul spoke with confidence about the issue of the exchange rate in Syria, especially after the issuance of new instructions to finance importers through the business sector initiative, but taking into account the new circumstances in the region, especially what is happening in Lebanon, and its contribution to increasing demand for the dollar in the Syrian exchange markets, and the current impact in Exchange rate, pointing out that the business sector stands with the government on the subject of exchange rate in order to control the market in the face of challenges.
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