Qamishli, Syria− For the Syrian citizen, devaluation of the Syrian Pound means rise in all goods’ prices.
In Syria’s northeastern areas, people have a doubled suffering. Alongside the devaluation of the Lira (Syrian Pound), residents of these areas face mounting difficulties in bringing in all goods from the inland regions of Syria, as the armed group of the Islamic State of Iraq and the Levant (ISIL) has been controlling the accesses of Hasaka governorate for a year now.
The clashes between ISIL and the Kurdish forces of the Popular Protection Units (YPG) −affiliated with the Democratic Union Party (PYD)− form an extra barrier by leading to the blockade of main roads between the northeastern region and other Syrian areas.
Speaking to ARA News, Mohamad Dana, trader of food items in Qamishli (largest city in Hasaka province), said: “Less people come around markets today due to their migration to the Iraqi Kurdistan Region, fleeing the difficult economic situation.”
“One of the main reasons behind high prices is the rising value of the foreign currency comparing to the Syrian Pound, in addition to the taxes imposed by the regime and rebels-led checkpoints on the roads, as well as the banditry which became a common phenomenon due to the security vacuum in the area.”
Dana also talked about merchants’ role in raising the prices, saying: “They buy goods from the local markets and store them for a long time then launch them again with extra price.”
According to local economists, due to the worsening security conditions, Syria has lost most of its economy resources, especially the oil, tourism and external export sectors. Moreover, rates of poverty and unemployment have inclined, and its currency and foreign monetary reserves have declined.”
The majority of residents in Hasaka province −where Kurds constitute a majority− depend financially on their relatives in some European or Syria’s neighboring countries.
A schoolteacher from Qamishlo told ARA News: “My monthly salary is insufficient comparing to the high prices, but having two sons in Kurdistan Region reduces the financial burden of the family.”
Unlike other Syrian cities and towns, Hasaka governorate did not witness “bloody” calamities. Nevertheless, it suffers from deteriorating economic conditions.
Reporting by: Saman Hasan
Source: ARA News
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