After the CA came into effect since last June 17, the exchange rate of the Syrian pound fell against the dollar. This decline did not have an on the affect officials and supporters of the government only, as the West claims.
In the areas of NE Syria, there is talk about steps to mitigate CA effects which led to an accelerated collapse in the value of the Syrian pound, and an acute economic crisis that will tighten the screws on the Syrian people.
On this issue, Hawar News Agency had a meeting with the economic academic Muhammad Horan who said that "since the eighties there has been an application of Caesar's Act but in another name. This has psychological and social effects on the people other than the economic effects."
He added that "everyone was affected by the CA, people in the areas of AA, regime or in the occupied areas by the Turkish state.
Horan pointed out that "the Syrian people in general were affected by the consequences of this Act, and the regime's areas are more affected, but CA can be avoided in the regions of the state, because there is still an existing government that enjoys economic relations and support."
As for the areas under the Turkish occupation state, academic Horan says that "the occupation state by changing the dealings in the Syrian currency to the Turkish lira devotes its occupation to some regions and links the economy in these areas to the Turkish economy. There is group that plays a role in the price of the dollar against the Syrian currency in the occupied territories by the Turkish occupation state. "
In the areas of AA, Horan says, "The situation is different. There is stability in the standard of living," blessing that step from the administration.
Possible solutions to face the consequences of Caesar's Act
He believes that "the step of increasing salaries is not enough, because it benefits a certain segment of the population within the AA areas and they are employees. As for the rest, they are the labor, they must be supported in kind or cash loans."
Academician Horan stressed the need to secure projects and food security by supporting agriculture, especially wheat crop.
He added, "We have extensive agricultural areas, resources must be secured to farmers, providing assistance to them and directing them towards strategic crops such as growing wheat and barley crops.
He noted that "grain prices should also be taken care of to benefit farmers, create export outlets and not link politics to the economy, open the door to free trade, encourage the establishment of factories and companies, establish a partnership between the public and private sector, and give venture capitalists freedom and guarantee."
He pointed out that " We must exploit the Euphrates River it by opening projects and support the farmers with its water."
"People in the areas of AA must depend on self-sufficiency and self-reliance; to eat what they grow and to wear what they make. They should not depend on the outside," Horan said.
Economic economist Muhammad Horan concluded his speech by emphasizing the need to open the crossings and cooperation between the AA and the Syrian government in this field, especially the Tel Koçber crossing, which resulted in the closure of negative impacts on the lives of the people, pointing out that its opening will bring many positive effects through the introduction of materials through it because all ports with this area are closed.