Supporting joint sector leads to economic stability: Raqqa’s Commerce Chamber
RAQQA, Syria (North Press) – The Autonomous Administration is able to achieve an economic stability through supporting the joint sector and developing it, said Marwan Hamadeh, co-chair of Chamber of Commerce in Raqqa, north Syria.
“The joint companies and facilities between the public and private sectors can intervene in time to control the markets and provide the materials they need,” he added.
The joint sector is one of the aspects of the economic pluralism of the world economy that depends on establishing companies and facilities through cooperation between public (government) and private sector.
Hamadeh pointed out that the majority of the goods is available in the markets, but the economic problem lies in the weakness of the purchasing power of the population which was affected by drought seasons and the reduction of the agricultural production.
In addition, the rationing oversight in the markets is “weak and insufficient” pushing some traders and sellers to manipulate some food and consumer goods, according to Hamadeh.
He believed that the increase and decrease in exchanging foreign currencies, the most prominent is dollar, “became usual thing in the markets and of limited impact.”
Chamber of Commerce is one of the civil society organizations that works to be a link between the laws of the Autonomous Administration of North and East Syria (AANES), social groups and economic activities.