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Syrian Arab News Agency (SANA) > Latest News > Economy > CBS Governor: Repealing Caesar Act is a Turning Point in Syria’s Economy

CBS Governor: Repealing Caesar Act is a Turning Point in Syria’s Economy

Published: 2025/10/10 1:39 PM
Updated: 2025/10/10 1:39 PM
CBS Governor: Repealing Caesar Act is a Turning Point in Syria's Economy

Syria’s Central Bank (CBS) Governor ,Abdulkader al-Husrieh affirmed that the repealing of the Caesar Act is a significant step toward alleviating the suffering of the Syrian people caused by years of sanctions.

Al-Husrieh wrote on his facebook that Syria is entering today ” a turning point not only in the course of the Syrian economy, but in the history of Syria as a whole to regain its rightful place among the nations of the world.”

He welcomed this pivotal development of the Syrian diplomacy to defend Syria’s sovereignty and the rights of its people on global arena.

Acknowledging that the road ahead remains long, al-Husrieh called for big efforts to reintegrate Syria into the global financial system, he emphasized that the Central Bank will continue its efforts to “restore financial stability, strength confidence in the Syrian pound, and work with regional and international partners to reopen channels of trade, investment, and cooperation”

Earlier Friday , U.S. Republican Congressman Joe Wilson announced that the U.S. Senate had voted to repeal the Caesar Act imposed on Syria during the rule of the former regime.

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