DAMASCUS: Syria’s finance minister said on Sunday the government would hike salaries for many public sector employees by 400 percent next month after completing an administrative restructuring of ministries to boost efficiency and accountability.
The increase, estimated to cost 1.65 trillion Syrian pounds, or about $127 million at current rates, will be financed by existing state resources plus a combination of regional aid, new investments, and efforts to unfreeze Syrian assets held abroad.
“(This is) the first step toward an emergency solution to the economic reality in the country,” Mohammed Abazeed, the finance minister in Syria’s caretaker government, told Reuters, adding that this month’s wages for public sector staff would be paid out this week.
These measures are part of a broader strategy by Syria’s new caretaker government to stabilize the country’s economy following 13 years of conflict and sanctions.
Salaries of Syria’s public sector employees under toppled President Bashar Assad’s regime were around $25 a month, putting them below the poverty line, along with the majority of the country’s population, Abazeed said.
The hike would follow a comprehensive evaluation of up to 1.3 million registered public sector employees to remove fictitious employees from the payroll and would affect those with sufficient expertise, academic qualifications, and the necessary skills for reconstruction.
Syria’s state treasury is facing liquidity challenges emerging from a war. The majority of money available in the central bank is Syrian currency, which has lost much of its value. However, the new government was promised assistance from regional and Arab countries, the minister said.
“The launch of investments in the country in the near future will also benefit the state treasury and allow us to finance this salary increase,” he said, adding the central bank currently has sufficient funds to finance the next few months.
The government expects to retrieve up to $400 million in frozen Syrian assets abroad, which could co-finance the initial government expenses.
Syria’s caretaker government is also discussing exempting taxpayers, as much as possible, from penalties and interest and working on overhauling the tax system within the next three months to achieve tax justice for all taxpayers, with a first draft expected within four months.
“By the end of this year, we expect having a well-designed tax system that takes the interests of all taxpayers into account,” he added.
Syrian caretaker government to hike public sector salaries by 400% next month
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Syrian caretaker government to hike public sector salaries by 400% next month
- Increase will be financed by existing state resources plus a combination of regional aid, new investments, and efforts to unfreeze Syrian assets held abroad
- Measures are part of a broader strategy by Syria’s new caretaker government to stabilize the country’s economy
UN nuclear watchdog says it’s unable to verify whether Iran has suspended all uranium enrichment
VIENNA: Iran has not allowed the United Nations nuclear watchdog to access nuclear facilities affected by the 12-day war in June, according to a confidential report by the watchdog circulated to member states and seen Friday by The Associated Press.
The report from the International Atomic Energy Agency stressed that therefore it “cannot verify whether Iran has suspended all enrichment-related activities,” or the “size of Iran’s uranium stockpile at the affected nuclear facilities.”
The IAEA report on Friday warned that due to the continued lack of access to any of Iran’s four declared enrichment facilities, the agency “cannot provide any information on the current size, composition or whereabouts of the stockpile of enriched uranium in Iran.”
The report stressed that the “loss of continuity of knowledge over all previously declared nuclear material at affected facilities in Iran needs to be addressed with the utmost urgency.”
Iran long has insisted its program is peaceful, but the IAEA and Western nations say Tehran had an organized nuclear weapons program up until 2003.
Highly enriched material should be verified regularly
According to the IAEA, Iran maintains a stockpile of 440.9 kilograms (972 pounds) of uranium enriched up to 60 percent purity — a short, technical step away from weapons-grade levels of 90 percent.
That stockpile could allow Iran to build as many as 10 nuclear bombs, should it decide to weaponize its program, IAEA director general Rafael Grossi warned in a recent interview with the AP. He added that it doesn’t mean that Iran has such a weapon.
Such highly enriched nuclear material should normally be verified every month, according to the IAEA’s guidelines.
The IAEA also reported that it had observed, through the analysis of commercially available satellite imagery, “regular vehicular activity around the entrance to the tunnel complex at Isfahan.”
The facility in Isfahan, some 350 kilometers (215 miles) southeast of Tehran, was mainly known for producing the uranium gas that is fed into centrifuges to be spun and purified.
Israel has struck buildings at the Isfahan nuclear site, among them a uranium conversion facility. The US also struck Isfahan with missiles during the war last June.
The IAEA also reported that through the analysis of commercially available satellite imagery, it has observed “activities being conducted at some of the affected nuclear facilities, including the enrichment facilities at Natanz and Fordow,” but it added that “without access to these facilities it is not possible for the Agency to confirm the nature and the purpose of the activities.”
The confidential IAEA report also said Friday that Iran did provide access to IAEA inspectors “to each of the unaffected nuclear facilities at least once since the military attacks of June 2025, with the exception of Karun Nuclear Power Plan, which is in the early stages of construction and does not contain nuclear material.”
IAEA joined Geneva talks between Iran and US
The IAEA reported on Friday that Grossi attended negotiations between the US and Iran on Feb. 17 and Feb. 26 in Geneva at which he “provided advice on issues relevant to the verification of Iran’s nuclear program.” The report said that those negotiations are “ongoing.”
The Trump administration has held three rounds of nuclear talks this year with Iran under Omani mediation. Thursday’s round of talks in Geneva ended without a deal, leaving the danger of another Mideast war on the table as the US has gathered a massive fleet of aircraft and warships in the region.
Oman’s Foreign Minister Badr Al-Busaidi said technical talks involving lower-level representatives would continue next week in Vienna, the home of the IAEA. The agency is likely to be critical in any deal.
The US is seeking a deal to limit Iran’s nuclear program and ensure it does not develop nuclear weapons.
Iran says it is not pursuing weapons and has so far resisted demands that it halt uranium enrichment on its soil or hand over its stockpile of highly enriched uranium.
Similar talks last year between the US and Iran about Iran’s nuclear program broke down after Israel launched what became a 12-day war on Iran, that included the US bombing Iranian nuclear sites.
Before the June war, Iran had been enriching uranium up to 60 percent purity.
