Credit and Monetary Council issued a resolution committing the funding institutions have configured a reserve of at least 5% of deposits
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Saturday - October 1 - 2011 - 9:23:41
Council issued cash and committed credit decision through which institutions and microfinance banks operating in Syria, a mandatory cash reserve composition in the Central Bank of Syria by not less than 5% of the total demand deposits and savings deposits and term deposits.
According to local newspaper, the decision that is calculated between the reserve requirement on deposits of SP in the same currency and deposited in a special account in Syrian pounds in the Department of current accounts at the Central Bank of Syria Branch Damascus.
And the calculated reserve requirement on foreign currency deposits of enterprises and microfinance banks are allowed to deal in foreign currencies the U.S. dollar or the euro exclusively, and deposited in a special account in foreign currency to U.S. $ or euros with the Department of the pieces in the Central Bank of Syria Branch Damascus.
And as compulsory reserve is calculated at the end of each week, and is restoring the balance of the reserve account opened at the Central Bank of Syria within three working days from the end of the week charged him.
Is frozen and the amount of reserve requirement on deposits of the Syrian lira and foreign currency without interest from the date of its composition and until permission for the reserves on deposits should be deposited for the following week.
And showed the newspaper that the decision cost the Directorate of the Office of the government to the banks to ensure the commitment of institutions and banks, micro-finance the requirements of this resolution, and in case of violation of its provisions imposed on the organization that reduced its cash reserve ratio fine by not more than 1 to 3650 of the value of the shortage for each day of continued the shortfall from the end of the period specified above, and is a fine limit at the expense of the institution or the Bank of Central Bank of Syria or in Syrian pounds depending on the type of foreign exchange reserve requirements.
And approved the Monetary and Credit Council to provide the Directorate of the Office of Government Banking models weekly mandatory reserves on deposits and not later than two working days from the beginning of next week for the period charged for.
Soon .. The law of transformation of institutions of the Ministry of Industry to the public companies holding
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Saturday - October 1 - 2011 - 9:48:38
Working for the Reform Commission to issue a new law for the public sector industry is based on the transformation of institutions of the Ministry of Industry to the public companies holding company wholly owned by the state is working to guarantee it, where is the relationship with the Ministry of Finance tax on profits, and share the owner of the profits, and subject employees to the provisions contained in the bring a bill holding companies.
While not provided for the basic law of the workers in the state is the reference, are also organizing the relationship between the ministry and companies be introduced in the interest of companies and maintains the State of the State's care to them.
And through the Deputy Minister of Industry Mohammad Tawfiq Sumaaq told Tishreen for some of Ej industrial reform, saying "The debate between M'zajin First, government is not sympathetic with the public sector in previous years and the second public opinion in the Syrian street which houses the sector is what brought companies and industrial enterprises of the Ministry of Industry what it is. "
And continued, "and that the failure of reform experiences earlier due to the three directions were prevalent among the former government first looks at the public sector that remains of the era ended, it was not convinced of the fix, and the second had been considered the feasibility of repair and saw some of them privatized and put up for sale or Tthmarh when we raised the principle of separation of ownership from management and tried to implement some of them illegally. "
Sumaaq, and said, "The industrial public sector reform, which aim to plant 114 is divided into four tobacco plants follow the institution is good by all standards and 17 plants for cotton ginning and marketing, and 93 other institutions follow the company."
He added, "and because the cotton and placed close to the good we hope to continue to evolve, but the institutions, the remaining six have 44 companies lost and 49 profitable company, and part of those companies winning spin in the orbit of a point, and because Almkhazen is another indicator for the development firms, 18 billion SP for what accumulation of production refers to a real crisis experienced by the industrial public sector reform, which has become a national necessity and political, economic and social as well. "
Electricity Minister: double the production of concrete columns in order to replace the import of wood and work on the implementation of the plant to generate wind energy
http://www.sana.sy/ara/2/2011/10/01/372776.htm
01 October 0.2011
Damascus, (SANA) -
Eng Imad Khamis Muhammad, Minister of Electricity that the ministry will work through its plan to increase self-reliance to double its production of concrete columns in order to replace the import of wooden beams, through the increase of work shifts in the laboratory of Homs and Deir al-Zour.
The Minister of electricity during the meeting today, directors of public companies for electricity in the provinces and managers operating studies and the participants that the ministry has developed a plan for the rehabilitation and maintenance of the laboratory of Homs and Deir al-Zour for columns of concrete in order to maximize their output and plan to establish a factory again in Adra production capacity of up to 30 thousand a column each year, adding that the ministry is working to secure production requirements for electric power sector in Syria, where the estimated need for the Ministry of Electricity of columns A column of 75 a year for a total of up to 500 million Syrian pounds.
Focused Khamis need to reduce wastage in the consumption of electric power and lay the foundations to reduce spending and create a new mechanism depends on the development and evaluation of the electrical grid from power stations and the end of meters involved, explaining that this new mechanism is based on monitoring the consumption power stations of fuel and fuel oil on a daily basis and treatment of waste technical on electricity networks and address Ensnarement illegal, infringement of electricity networks in addition to studying the reality of organizations tension power among the citizens and the mechanism of processing, especially after that proceeded the ministry and some measures to address the issue of tension is regular so that there is no need for these organizations, which constitute a burden financially additional citizens.
The minister pointed Khemais to that the ministry has set the end of last September the first turbine gas in the expansion project power plant gender can 150 MW to drive slow circulation in preparation for the operation of the initial turbine and connect them with the public network at the beginning of next month, indicating that the cost of the turbine per 280 million euros and Turbine is one of the three turbines will be placed in succession with a total capacity of up to 450 MW.
For his part, Deputy Minister of Electricity and Director of the Corporation to generate and transfer electric power Hisham Mashvj that the ministry is working to develop solutions to ensure the growing demand for energy at the lowest possible cost and less damage to the environment through the study of different plans and choose the most appropriate and optimal, explaining that the amount of energy demand Sttruah in Syria in 2030 between the 126/147 billion kilowatt courier.
And that the strategy of power generation in the Electricity Ministry will work to secure energy for the various segments of society depending on the possibilities and potential of local sustainable development and to identify the quantities of fuel or primary energy available and production quantities of domestic and other types of fuel needed.
He pointed out that this strategy include the retirement of Generating Sets and old solutions to new groups in order to achieve higher efficiency in production and consumption of lower local energy resources, especially since he was a decrease in consumption qualitative heat to generate each kilowatt-hours of electricity during the first eight months of this year from the work of new groups .
He explained that the consumption of fuel quality to generate electrical energy last reached to 226 grams equivalent oil per kWh during the last year when he arrived to 213 grams equivalent oil per kWh during the first eight months of this year from the work of new groups which refers to the decline Great quantities of fuel are used when the quality of work more efficient means to produce electrical energy.
Turn between the Director-General of the General Corporation for the distribution and investment power Muhammad Abdel Wahab Hassan said that the company is working on the application of automatic collection in all provinces, which will enable citizens to pay the electricity bill at any levy within the same province, pointing out that the institution is currently seeking to link electronically all the provinces so that the citizen can pay the bills resulting from any other province, which relieves many of the burdens on citizens and saves time and effort.
Hassan pointed out that the institution and through the plan adopted by the ministry of self-reliance is currently seeking to develop laboratories Repair Department at the Ministry of electric power so as to dispense with the importation of electrical transformers from abroad.
For his part, Director of the National Center for Electric Power Research Mustafa Memon said the ministry is currently working on the implementation of the plant to generate wind energy can 50 megawatts in the Kotaina and that this plant is a pilot project first in Syria and the bend of the most important expansion in the use of renewable energies and localization technology wind and expansion of the form which contributes to raising the efficiency of national experiences in the field of wind energy and to meet part of the growing demand for energy, pointing out that the plan of the Ministry of Electricity strategy aims to produce more than 2000 MW of wind energy by 2030.
Revealed Shaikhani that talks are under way to complete the power plant for wind energy in the Gbagb southern Syria can reach up to 50 MW after the contract has been signed the implementation of the plant to generate solar energy can 1 MW in the region of Deir Ali will begin implementation during the period of very close as well discussions with Chinese companies to establish 30 stations to generate solar energy can reach to 10 MW each in the areas of sensory and gender and the monastery gift so that these companies provide the necessary funding and the benefits of low and high technical specifications.
He explained that the talks also included the provinces of Damascus and Damascus countryside to complete the power plant is based on burning of waste will be starting to prepare the technical requirements necessary after the success of the talks, noting the successful experience of the use of biomass energy in the province of endosperm depending on the animal waste and cow dung in the units of special treatment called Balhadm or fermented of which 19 have benefited farmer for the purposes of heating, milk, cooking and heating, gave them a source of energy self-Bovr estimated 4-cylinder gas per month.
Agriculture: The opening session of the new forage for livestock
http://www.sana.sy/ara/4/2011/10/01/372728.htm
01 October 0.2011
Damascus, (SANA) -
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