Syria : Ray of hope for handicraft sector
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Bilal [2011-05-20]
Finance Minister, Mohammad al-Hussein expressed on October 10, government’s intention of lending support to the handicraft sector. The implementation of this is to be done by furnishing workers in the field with adequate loans.
Government has finally realized the significance and contribution of the handicraft industry in the country’s economy. The handicraft sector caters job opportunities to a sizable portion of the population and helps sustain the lives of numerous Syrian families.
In a conference with chairman of the General Handicraft Union and union chairman for Damascus and Damascus countryside, the Finance Minister reiterated its desire of funding handicrafts in collaboration with the Ministry of Local Administration.
The meeting was rounded up with the need to simplify the loan application procedure for the craftsmen. Moreover, it also emphasized on the pressing need of organizing this sector so as to effectually strengthen it as an alternative revenue source for the economy.