Syria’s Bashar Assad cuts tax for low-income workers

Above, president Bashar Al-Assad tours the village of Mashtal Helo in the Syrian Mediterranean port of Tartus. (AFP file photo)
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Updated 21 October 2020

Syria’s Bashar Assad cuts tax for low-income workers

  • It also amends other tax tranches to ‘reduce the tax burden on those with limited income’

BEIRUT: Syria’s President Bashar Assad moved on Wednesday to exempt more low-wage earners from income tax, his office said, as the economy buckles under the weight of US sanctions and nearly a decade of war.
The legislative decree, the first such amendment in years, widens the tranche of low-income workers exempt from tax to cover those earning $40 (50,000 Syrian pounds) or less per month, up from $12 (15,000 Syrian pounds). It also amends other tax tranches to “reduce the tax burden on those with limited income,” the presidency said.
Syrians have suffered from steep price hikes in recent months as the collapse of the currency drives up inflation and piles on hardship. The economy has been hit also by a financial crisis in neighboring Lebanon that has choked off a key source of dollars.
In a separate decision, the presidency also said Assad was giving a one-time grant of $40 (50,000 Syrian pounds) to all employees in state institutions including in the army. Retired public workers would get $32 (40,000 pounds).


Iran says British-Australian academic freed for 3 Iranians

Updated 6 min 7 sec ago

Iran says British-Australian academic freed for 3 Iranians

  • Moore-Gilbert was a Melbourne University lecturer on Middle Eastern studies when she was sent to Tehran’s Evin Prison in September 2018

TEHRAN: Iran state TV says Tehran has released detained British-Australian academic Kylie Moore-Gilbert in exchange for three Iranians held abroad.
The state TV report offered no further details Wednesday.
Moore-Gilbert was a Melbourne University lecturer on Middle Eastern studies when she was sent to Tehran’s Evin Prison in September 2018 and sentenced to 10 years.