Income levels in Syria cover only 29% of expenses ...Syria

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The World Food Programme (WFP) stated that the cost of basic commodities continues to rise in Syria, yet income levels remain low, covering only 29% of total expenses. The program affiliated with the United Nations, in a report published on May 9, noted that already deteriorating living standards in Syria continue to decline in 2024, due to the devaluation of the Syrian pound, fuel shortages, and regional conflict. The report explained that the Syrian pound lost about 47% of its value in the parallel market over the past year, and 92% over four years. In the last week of April 2024, the average exchange rate of the Syrian pound was 14,880 pounds for every dollar in the parallel market. The p

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Income levels in Syria cover only 29% of expenses ...Syria

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