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tv   [untitled]    February 12, 2025 5:30pm-6:01pm AST

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and i'm on dumbness. this is it could have made the country's economy unstable. let me look and see if any deals that'll attempt the democracy. alger 0, it examines how struggling nation 6 to build new alliances and its quest for stability, which may come to a very high cost for cause new directions. money. turning the tide on al jazeera, on the i'm economy and drive it in the back. after 14 years, the floor scripling faction and widespread corruption savings economy isn't going much side. it's sitting on the new administration. it's trying to rebuild the challenges. i can send a collab cut of storing information and millions of people in need of humanitarian assistance with physicians. government is promising reform reconstruction, tax overall and ford and invest with most international sanctions in place. and
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this causes a for everywhere, how long the company takes say, with this, a city of new finance minister and the day it talks about the there the mr mohammed up is a the finance minister for us to is interim government. thank you very much for talking throughout the day. let's talk with the situation of the economy of city. i've spoken to people who are being paid $30.00 a month. i've met soldiers, farmers, soldiers who are paid $20.00 a month. describe to us, what is the state of cities economy? let's no auto him. come on in the name of the law. what am i to disclose as everyone knows, on the 8th of december 2024. the loading might have helped us to topple the equipment to redeem since the day after we went into the institutions of the country used to be led by the previous regime,
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ford. and honestly speaking, we were surprised because we know before, yes, that these is that uses run by the previous redeem with the be paid and having a lot of problems. but it didn't have a come to our mind. let me know that these problems and the, these is dealership is really that was just such a extent. as, for example, the very beginning. we the search for some numbers to know the situation of the country. by the time we look for that, that's not gonna keep on it and we didn't get an accurate number because of the lack of the reco. we would also surprised that the company is in the economic set,
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the that with managed by the redeem most making that the company is focused on. we have approximately one septic and the company is of the state level. and the majority of them is the lowest making companies uh, companies that haven't submitted like any of that that since 2018, 201995 to the point that some of these companies haven't submitted these any budget since there is stablish shipment to clarify the financial position, which would have to add, i left the stage in monitoring these companies own of these things. how did they present to the negative indicates that of the initial stage of the financial situation above the country and many of the looking at the economy of syria. how much money did you have in the back to pay the salaries? how much are the foreign reserves of syria? and what is the plan to replenish the payments?
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i look for you must have sort of monitor the advance regarding of the central bank that we bought from the should be more accurate than atkins. and we have reached out to negligible numbers of both the government and the capacity. and we haven't found the all the, the result is that we expect to find a pod, golden sea or even gold. and most of what was in see of the bank studio. there was to go and see the live at the end, which was uh, and i was, i bought a home nothing more than woodlands bay. but this has become a major problem. it will still not be uh that we are no longer trying to sleep. oh no. okay, the question is, how can we support the hub going see in the seo in central
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bank and that will benefit the country and its calling me in, in the next stage to go to work. and so the 1st step is to try to lift the sanctions. and the next step is to remove the ones investing in a meaning, invite in friendly and sisterly countries by has and then you're going to invest in syria, be doing this. and i know for what will never happen without lifting the sanctions for them. and we will create a suitable environment for the investment uh down and the fundamental model for fluid. so both, both of them, i don't go to the 2nd step and they're going to be that is very important to allow her to come and see it to come to the country. i can also, we will reconsider that that 2nd because the taxes goes to, to you to be before the photo of the team between 72 to
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70 percent of the total model ribbon this month. and today any investment at in the country will consume flip, all was on the taxation system. and then what has happened to have the sofa is that it will be in union the it and it was that the is the, the you for that has lifted some the items from there were been sanctions, but they don't have a significant impact on the so does that for your opinion? and it was the band on the impulse of all inspect the equipment and the instructions on the finance and banking sectors and the cleaning allies. companies that open branches and syria. but they will be in union that it has a lift to dispenses for only one year. it's known that the smallest investment need
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2 or 3 ease to be described as a rough with the investment and thought we did that in exactly what i was going to ask you. because you've got all of these people coming in. there's serious friends in the region beyond who said that these functions need to be lifted. i'd like you mentioned, there's only mean it temporary lifting affection. and if it doesn't happen, what is your fear that you will be? will you be able to continue to run this country and essentially pay the salaries for hundreds of thousands of employees and some on the schools and we are talking uh a about a lot of hold in a do a lot of that. the countries in the world and the regional countries and especially, oh, brothers in the gulf corporation council, countries for that off of brothers and took a title with the the and we have seen the seriousness fee
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in helping our country and support and see the with modern technology, that's what these, etc, without going during the coming stages, this vision and someone's going to be crystallized when we will never look this up . and when we assume our government positions, we have separate plants who walk in the coming period. but honestly and frankly, we also count on it's done that simple because if the senses unload the lifted, let the estimate of and if the, the it's, the support is not provided by this allowing the guns and wisdom countries the countries of the world is one item we will not stop and then we believe that our capabilities to achieve this reticence and we pay the weight. and then for these investments, we have managed to achieve the, the, the small things, not as big as we dream of that we have so many capabilities. and if
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we have companies and we can look to reliability, these companies in a way that can be useful. we can make use of some developing fixed, but these that will support the so you talked about quite a lot of resources here, but what you did not mention is oil city a in the 19 ninety's went up 260-0000 barrels a day. and you're barely producing any oil because there are problems in the north . are there any steps that you are taking as the ministry of finance to bring an investment into a restart? so it is uh, oil and gas industry because it used to be at least a 3rd of your economy. and then the 3rd used to be agriculture. so just those 2 sectors could resurrect the city and economy. so what's the plan? we've talked at the beginning of the ends of you about the sanctions related to our exec data. there are some thanks and i've gotten going sector,
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but it's not the sanctions you don't have control over those fields. the issue of control is ultimately a political issue. as you heard the news, it may be the result of the politically old men to tabulate on study and become a release of the end of the day as economist or as the minister of finance. we look forward to the situation that the next one, it is solution and in the cause the region will lead to the syrian leadership. the other has said that once in more than one's that it will not be satisfied in the end except with the one you're not to see. but therefore, there is also that, that will be in the region is the for that as though it has with the end of address . this also is, must be bought in the syrians originally, you know, has got a story. let's talk about the 2nd people that are people who are going to be looking at this and then they need to know. and as you mentioned, the state of the economy. how much money are you making?
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how many employees do you need to pay? and do you have that balance sorted out? i know you've only been in power for less than 2 months, but do you have that balance sorted out? so i've never met this abdomen goodman. the moment the 8 are you will start with what you a little did the live only been a power for 2 months, 0, which is most often enough. honestly, the study, the many aspects of the country that was on the control of the team who's corruption was seen. but everyone was on the full 60 years in however, the day with regards to the states, employees, the redeem, and the to come from used to a not wrote a system that sold the man to please a certain group on the bottom. and photo
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a politicize. the employment for them and the regime in old uh to leave those people use the employee them. it is a boot at the size of the employment and we have seen so many contract signed by individuals of those paper. anyhow, let me in a couple of the guarding those who have spent like a 9 years old, 10 years in the c o manual. so as to please them, the team signed contracts probably not with them. and during the 2 months we do of me in the ministry of and that's kind of my was i have seen a lot that kind of focused on the ministry of finance idea. i'm not talking about any of the menissi the cut down situation of the ministry of finance and without the forget. yes. this is on the do a. so the new modern technology,
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it needs only 50 percent of those people employed. and then by the previous regina i have a problem and out of basically the problem. now when i go to a place in that the full exempt of the need, 5 employees, i see 10 employees who will be there doing that job. this is a job like an employee is in office, is that the will doesn't need if i want to 3 is wages i must. and this prop and book, the biggest problem in this connection is of the employee who is the full time you can log and sack this employee. oh, you cannot con flat his. you can look cats in his contract because then you know, you go to the low on the phone, the tie in the time,
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and an employee is not besides with out exceptional. this is an old if he reach the age of the pension coming up and this is how can you sort oh this problem? no, there are so many ways, for example, these the be below these employees and, and then we don't need them actually, you know, the sub list and the offices are the big can be enrolled in certain courses and the we can teach them. so many programs, computer programs and, and you know what, most, many of them are university graduates even though, but the, joining the army 2011, lift the army into it. but i was, and he doesn't have a real jones to get some experiences they just to employ them to please him. and that's about on. so the and the we were surprised to see and the, the,
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some of those old guys who cannot even use the excel program, i'm afraid i'm and the employees who cannot even repair the votes here and there in the, in a professional way. and we thought of your call in the a, in a professional way, professional medium way. we have seen some employees who are using it will be who was using windows x p a. but on the good we have found some employees who have no experiences within them. then well, the, the, the only got the job because of the, the favoritism and this was very well known previously. and celia thought, while the model fee, sonya so as i understand the $2.00 major problems that you have is one is corruption. and the 2nd, the functions to, to run this countries. how big is the problem description? if you were to put a number, oh, what,
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how much money are we talking about that was stolen from the saving people? and how much of it do you estimate is frozen in terms of assets which were taking abroad from this country. and this been the companies and the phone with them of the from 100 regarding the assets are frozen the road me when i read. so it's in figures and numbers on your bumps in the, on a daily basis. we are getting more assets. the, this is because the, the absence of the, of the resources that of, and this will trusted and how to get the corruption. i don't know from where can i start with a good option is the, the inside though every where the new lot of starting from the administrative sex, the economics side, the, the, the financial sectors. and that is when it comes to the adverse effect. the m, the, that's the jobs that were given to people and the holding it to the syrian slang.
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it's favoritism. and the we have also dealt with this are the, some of the covenant companies. and we found that the company is $29.00 d. the haven't submitted them any that, that the companies must but not have one really to be submitted at the end of the day. but most of this company is having done that and we have the us post them a lot. the results and some list and older, to know about the financial situation of these companies. and what is the present? government is what haven't done anything since 2015. you said government, the funding is sorry to interrupt, but as you knew about these talent, just you knew how corrupt the system was. and yet when you came to power in the front of the 1st things, but that was announced with a 400 percent increase in salaries. so was that too early or is that spending the words? will people see a rise of 400 percent in their salaries?
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it'd be that then the kinetic mid hadn't been the so out of the mother at the very beginning. i'd like also to say that the where some body copeland is wage. so how do i, how to decide resided over by such a buzz, those who go to the edge, the, how the degrees in 2 months, we try to solve a, a travel to a country, to my gloss. that'd be at the, in 2 months of the turn back, the have a job, a photo and they have the city. is that the company? because a jonathan very close to the previous that we have seen some of the things like that. don't know what the government, the southern agrees when we went on when we arrived them at damascus. and the new administration, donald said that will be the southern agrees on the 400 percent and
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the in welcome. this was a necessity because of the hardships and the syrians have see kind of the employee was used to say the salary you want me is enough only for 2 or 3 days. so we decided them not do that and i will give them the salary increase the young come and be full even enough. but on having all that that the gotten into the country this so really agree is that fine? is there uh without the in the, in the home, but we need to do some take a look at framing my part because we need to discuss the details to cover all the public sector involved in of this. and we will increase the seller. is these the foot on the percent? so this was the end at the end of the or beginning as a said, don't remember of february if we made these on, if i had restructure, i'm thinking now we finish this restructuring. and so many of the things in
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so many minutes is that i have not yet been determined. the minutes is and the problem is that you have that. i don't know, you know, a lot about that. are them. so many stops so many employees. and whether or not them in the, in the records and then or not. i have noticed a lot of requests and i don't know how to do the non page and then leave it again. i'm paid annual leave in my office on the describe. these were the was how the people who are not inside the country. they are the only buses who go out for that can cause the sellers let their own. they have names in the records, what's physically the, i'm not in the country. what else? we have found some employees or did not love and where and what the us to work in
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some of the places. and we don't know about the jobs over there. no, no, no. well the, the team up into the phone. they came to us of the said and they, they, we are here with a new love is out in that room and who is not happy. so the yeah, we can know that and then pay the salary increase in the such amount. well, without knowing who and good luck and that's on this money, it is the other one. then we say that the surplus will look like 600000 surplus of life. and employee is going to icons bid 400 percent for 600000 individuals who are surplus on it and the people. and i'm not going to pay then because we are true that the surplus, there's more but we need to do the reconstruction. and we need to put those people or how in so of places, if we decide to, to give him
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a subsidy with the other benefits, we need him to be helpful. we need him to be owed them to be useful. and we need everyone to know that the salary is paid because those people are supposed to be used to the country that the doctor said with the stiffness i'm as i understand the, the way you are going to resurrect the economy is to get we get away from the sanctions and then bring an investment as an investor, it would require them to have legal protection, political stability, and a trust in the country. you are running a government, which is an income government. there's no clarity over how long this government for the last. what the legal framework is going to follow, how are you going to convince people to convince money in the area? uh then what's on the premise, but if that's the point we are the ends in government and we want uh within this katia transitioning periods and it's normal home to to take of the
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sorts of diseases. and we are planning to have a little companies for the companies that will include the investment and investment flow and the stock exchange, ugly organizations even more in, in a complete way on. so we can, we full mean that it can commit this to study in the model, treat the policy of the country that we are now offering bought of the investments owned by the country to the investors that to kind of from inside syria. and so those will want to invest with the loyalty to contracts in old uh to achieve this, the renaissance of them and to achieve this progress and without putting buttons on the ridge rate. and the legal framework will be
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that of the, the thing with the new goes to fusion during the coming period on the product security wise. on a daily basis, we are fully but the remnants of the previous lives. and they have to go to the level of the country very soon. 100 what has happened is celia hasn't happened. the end of the country up into the team falls a day with the next day people's feelings about security and safety. i have seen that in damascus. the level in other countries, i sure if that is due for the the countries stay in this situation for months out in both of the months we have that we have a job that's within a your so we have it solved. so then we have indications, i see that everyone comes and goes, the security is that like 80 percent and the video and these people know science that can say investments will be safe. yeah. we have the discussions, you know,
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with so many delegations why don't in addition to, there's a go want to leave us with the flag sign. the we only came only for one or 2 days to because he has seen the truth. and the reality that is suitable for the investment, i mean, we as much as we can of doing our best model, johns, is that for us to create such an environmental space that'd be let the difficult. finally, the currency of your country is now the syrian pound, and it is fluctuating against the daughter. it goes to $6000.00 pounds against a $100.00 to $15000.00 pounds against a $100.00 in a day. that means that there's a lack of trust in the currency market and it's fluctuating. how are you going to restore that trust and ensure that the price of your currencies, i mean stable and become stronger than the 55? yes. what's the full with a?
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no, no, to make a long story short, the sing for the currency comes from the thing. so they've gone to me on a and this and balances to date, for example, the ceiling layer, right? it was the dean, do it off when the is $13000.00 long letters on the market, but the difference is big. and we all know that this is not a real difference and a 100 your, the serial pounds or the seem to leave it today. it depends on the cool a on the demand, and we are in the environment that as it was ready for this. so today as a multi point us in the common periods, look good and then they just add the syrians into the bag. you know, how did you do also the fact that the 2 or 3 coming months during this period in the probably we can see on the see over the letter or the syrian found is through
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the text that how it and the with the food and then the syria then later days today is the harlot, a 1000 almost floating because it depends on the market and then with the stability of the situation with the stupidity of disability, with disability, with the stability of the political atlas fee. with that support, we'll give it to the ceiling center bag. it's big on the ceiling that literally when i've got to be wrong done, and then it situation. and then in 2011 we did a p $1.00. it was 3. there was before me a part of the former team for that in a i'm, i'm sure that with disability, you know, with the politic give us a bit of the ceiling and there will be strong death and it will be as you do it with all the thought i thought with, you know what we have,
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some is her mom and up as a the finance mr. first thing is interim government. thank you very much for talking to the they may not be the top of the titles. they might not have the biggest stages, but they stand as tightens in the face of the freshest fall right. to move that you want to show the world that the good guys can sometimes when they are the force behind jim's powerless phenomena, defend to make football on february on a jersey, you know, we years own from the outbreak of the war and you cream out of view it explores the human costs and asked us whether politics or the battlefield will determine its
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