The Syrian Presidency Directs to Rationalize Public Spending and Reorder Project Priorities
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The General Secretariat of the Syrian Presidency has directed public entities to rationalize spending and reduce unnecessary expenses, and to rearrange the priorities of investment projects according to their necessity and feasibility, while ensuring that the essential tasks of public entities are not affected, and that salaries, wages, and expenses necessary for the continuation of health, education, water, energy, public safety, and essential operational and preventive maintenance services are exempt from the reduction measures.
The General Secretariat of the Presidency issued a statement to ministries and public entities today, Monday, based on a proposal from the Ministry of Finance, which included a series of measures to control and rationalize public spending, in line with the requirements to enhance financial discipline and the efficient use of public resources under the current circumstances.
The General Secretariat stated that these measures come "with the aim of maintaining the balance of the state budget, enhancing financial discipline, increasing spending efficiency, and directing available allocations towards priorities and essential services, ensuring the continuity of public entities' work, and not affecting their ability to perform their core tasks," according to the Syrian Arab News Agency "SANA."
The General Secretariat emphasized the necessity of directing spending towards basic needs and reviewing areas of expenditure that can be rationalized, achieving savings in public funds without affecting the continuity of public entities' work and their ability to perform their essential tasks.
The approach includes re-evaluating the approved investment projects based on their necessity, completion rates, existing commitments, and their financial, economic, and service impacts, while prioritizing projects related to the continuity of essential services, public safety, and the protection of assets and vital infrastructure, as well as projects with economic and financial feasibility.
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