The Syrian Minister of Finance Mohammad al Aljalilati, estimated the reserves of foreign currencies with the exception of gold at about US$ 18 billion. According to him, this covers the need for Syrian imports for more than 20 months. Aljalilati said Wednesday that the debt ofSyriais one of the lowest in the world. Aljalilati expressed his hope to see the return of Syrian funds abroad to the local economy. He estimated these funds at approximately US$ 80 billion. According to hi, this will be the preferred option ?instead of facing the effects of debt burdens and conditions of debtors.?
Source: http://www.albawaba.com/business/syrian-forex-reserves-enough-says-minister-392317
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