Syria's Maysaa Sabrine becomes the first woman to lead the central bank

Politics

1 year ago

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Credited from: INDIATIMES

Maysaa Sabrine has been appointed as the new governor of Syria's central bank, making history as the first woman to lead the institution.
Prior to this role, Sabrine served as the deputy governor and has extensive experience in the banking sector during the ongoing civil war.
She replaces Mohammed Issam Hazime, who held the position since 2021 under former President Bashar al-Assad.
The central bank has begun to ease state economic control by removing pre-approvals for imports and exports and relaxing currency restrictions.
Despite these changes, the central bank faces significant challenges, including strict US sanctions and a dramatic decline in foreign currency reserves.

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