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

share-iconWednesday, January 01 comment-icon3 weeks ago 7 views
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indiatimesINDIATIMES
Syria's Maysaa Sabrine becomes the first woman to lead the central bank

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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