The concluding statement of Article IV consultation of IMF on the Syrian Arab Republic    The Syrian-Ukrainian Joint Committee meets in Damascus and signs a number of agreements and memorandums    Minister of Finance presents an explanation on new exit fee, and a reminder of its valid starting from 1July,2008.    Signing three agreements with Romania in the conclusion of Romanian delegation's visit to Syria.    Ministry of Finance holds a definitional workshop on the new financial and accounting systems    Public Customs Administration generalizes to its departments adopting the agreed basics with a fuel company in order to provide passing tracks to Syria with the global price of gas oil    Finance Minister: for the first time, the accounts of the Public State Budget were audited for the next year directly    Highlights on the International Financial and Investment Institutions Forum    Minister of Finance: We Hope to Establish an Insurance Market that Provides 200 Million Dollars in 2008    1st Micro Finance National Conference kicks off    Damascus Insurance Assembly concludes its activities    Cooperation between Syrian and Malaysian Chamber of Commerce    Syrian-Qatari Holding Company Agreement Signed    Minister of Finance and Bosnian Deputy Finance Minister Discuss Cooperation    Minister of finance, Chairman of Insurance Supervision Commission, issuing a decision that includes a regulation for institutional arbitration in the insurance companies.    In cooperation with the project of modernization and development of Ministry of Finance… an identification symposium on rules of origin    The International Forum of Financial and Investment institutions in Syria    Arab Investment Climate 2006 report. Syria’s growth rate 3.6%, inflation at 2.7%    A Symposium on Anti-Money Laundering shows Syrian efforts in this domain    Syria and Bahrain Sign Cooperation Agreement for Insurance Training   
 

 

 

Public Debt Department Carries out the following assignments:
1. Manage internal public debt affairs (facilities, guarantees and loans).
2. Manage external public debt affairs, and issue state’s guarantees muniments for public bodies against their external contracts.
3. Manage public debt funds (movable and immovable), including inheritance funds that have no inheritor, and follow-up their collections of profits, returns and interests.
4. Follow-up state’s contribution in Arab and international institutions, companies and banks, and follow-up transferring the country’s share of those bodies profits and returns.
5. Follow-up transferring sums referring to Public Debt Fund pursuant to the provisions of article (129) of Basic Law for State’s Workers No. 1 of 1985 and the regulations and instructions issued about them.
6. Define and check compensations to be expended pursuant to the provisions of paragraph (B) of article (129), as well as, regulations and instructions issued about them.
7. Prepare and issue public instruments and treasury’s instruments in coverage pursuant to the provisions of Basic Monetary System. Also follow-up subscription for them, their renewal and extinguishment.
8. Collect economic surpluses (Budget surplus and liquidity surplus), and follow-up collecting Public Debt Fund’s revenues.
9. Loan public and mixed sectors’ institutions and companies, to which laws state granting loans from Public Debt Fund.
10. Finance bodies in charge of implementing investment projects pursuant to the credits specialized to them in State’s Public Budget.
11. Keep public debt’s accounts, follow-up relations with debtors and creditors, and carry out periodical identifications to them.
12. Carry out analysis and studies, and prepare monthly and annual reports about public debt’s statuses.
13. Represent the Ministry in external loans negotiations and in preparing drafts of their pacts.
14. Give opinion about -and handle- all projects, regulations and instructions relating to internal/external public debt.
15. In general, handle all cases relating to internal/external public debt, investment projects’ finance and economic surpluses’ transference.


Public Debt Department consists of:
1. Internal Public Debt Section, which contains the following subsections:

A. Treasury’s instruments Subsection.
B. Saving Subsection.
C. Public Debt Fund Real Estates and its Private Revenues Subsection.

2. External Loans Section, contains the following subsections:
A. Arab Loans Subsection.
B. International Banks’ Loans and European Investment Subsection.
C. Foreign Countries, and Banks’ Loans Subsection.

3. External Loans Guarantees Section, contains the following subsections:
A. First Contracts Subsection.
B. Second Contracts Subsection.
C. Third Contracts Subsection.

4. Arab and International Contributions Section, contains the following subsections:
A. State’s Contributions in Arab and International Institutions and Companies Subsection.
B. Compensations of State’s Representatives in the mixed institutions and companies Subsection.

5. Collecting Economic Surpluses Section, contains the following subsections: 
A. First Collecting Subsection.
B. Second Collecting Subsection
C. Third collecting Subsection

6. Investment Finance Section, contains the following subsections:
A. Credits and Statistics Subsection.
B. Final finance Subsection.
C. Investment Loans Subsection.

7. Fund’s Accounting Section, contains the following subsections:
A. Accounts Subsection.
B. Cards and Accounts’ Study Subsection.
C. Auditing and Statistics Subsection.

8. Administrative Affairs Subsection.



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