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EconomySyria News

Head of the Central Bank of Financial Control: Lifting sanctions on Syria represents a strategic shift and a new starting point towards economic recovery.

May 14, 2025129 ViewsRead Time: 1 minutes
Head of the Central Bank of Financial Control: Lifting sanctions on Syria represents a strategic shift and a new starting point towards economic recovery.
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The head of the Central Bank of Financial Control, Waseem Mansour, confirmed today, Wednesday, that lifting sanctions on Syria represents a strategic shift and a new starting point towards economic recovery, contributing to opening up broader prospects for development in various sectors. Mansour stated that lifting sanctions provides a valuable opportunity to expand economic activity, directly stimulating trade exchanges and attracting investments that will have positive effects on the state's public finances. He emphasized the importance of strengthening the agency's role in monitoring public spending, combating waste, and corruption, aligning with the requirements of the new phase to maximize the benefits of economic opportunities resulting from this historic decision. Mansour concluded by reaffirming the agency's commitment to its supervisory role with efficiency and seriousness, urging all public and private entities to adhere to the highest governance standards to ensure the success of this new and pivotal phase in the country's history.
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