HomeBusinessSyria's new rulers tap first female central bank governor ever

Syria’s new rulers tap first female central bank governor ever

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Maysaa Sabreen has been appointed by Syria’s new rulers to steer the central financial institution, a senior official stated on Monday, because the war-torn nation navigates by means of recovering its battered financial system after the downfall of the longtime dictator Bashar Assad.

She would be the first lady to steer the establishment in its greater than 70-year historical past, changing Mohammed Issam Hazime, who was appointed governor in 2021 by Assad.

Sabreen had served because the central financial institution’s first deputy governor. She didn’t instantly reply to a request for remark.

Sabreen inherits a dire monetary disaster following a decade of civil conflict, mismanagement and sanctions, which has led to the Syrian pound drastically shedding its worth towards the U.S. greenback.

The United Nations estimates that some 90% of Syrians stay in poverty.

Sabreen is the second lady appointed in a management position beneath Syria’s de facto chief Ahmad al-Sharaa and his group Hayat Tahrir al-Sham (HTS), which led Assad’s ouster in a lightning offensive.

The offensive ended many years of Assad household rule and a 13-year civil conflict.

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Source: www.dailysabah.com

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