Monetary Policy

Monetary Policy

Vision

The vision of the Central Bank of Syria is centered on maintaining monetary and financial stability. This objective is essential for achieving the broader goals of macroeconomic policy. Central to this vision is the establishment of an effective monetary policy. This policy aims to stabilize the exchange rate of the Syrian pound and maintain a low and stable inflation rate. By achieving these objectives, the Central Bank contributes to creating an environment conducive to investment and supporting economic growth. Additionally, the Central Bank recognizes the importance of adopting electronic payment tools which serve as vital instruments for both short- and long-term goals.

Values

·Credibility: The Central Bank of Syria works to enhance its credibility through its commitment to achieving the objectives of monetary policy.

·Transparency: The Central Bank of Syria is committed to securing necessary and accurate information and data. This commitment extends to its own activities and the activities of the financial and banking sector.

·Belonging: In its management of monetary policy, the Central Bank of Syria seeks to prioritizes public benefit. It also works to secure monetary and financial stability to support the growth of the national economy. Moreover, the Central Bank of Syria takes responsibility for the decisions it makes.