Damascus
The Central Bank of Syria (CBS) announced the launch of its 2026–2030 strategy, originally unveiled in December 2025, setting out a comprehensive vision to strengthen monetary and financial stability and build a modern financial system that supports economic recovery and aligns with regional and global developments.
The Bank stated that the strategy is anchored in a clear vision to position CBS as a national pillar of stability and trust, leading the transition toward a resilient, inclusive, and globally integrated economy. This will be achieved through credible monetary policy, a balanced foreign exchange market, a sound banking sector, secure digital payments, and sustainable international financial integration.
The strategy is structured around five core pillars: achieving sustainable monetary stability and strengthening confidence in the national currency; building a transparent and well-regulated foreign exchange market that reflects real supply and demand; enhancing the soundness and integrity of the financial sector; developing a secure and integrated digital payments ecosystem; and advancing international financial integration alongside broader financial inclusion.
CBS noted that implementation will be driven through more than 30 key programs and initiatives, translating strategic priorities into measurable outcomes within a clear and phased execution framework.
The strategy also reflects Syria’s efforts to re-engage with international financial institutions—leveraging global expertise, aligning with international standards, rebuilding confidence in the financial system, and facilitating the country’s gradual reintegration into the global financial architecture.
The Bank emphasized that these efforts are supported by key enablers, including strengthening legal and governance frameworks, enhancing transparency and communication, accelerating digital transformation, and investing in institutional capabilities and human capital to ensure effective and sustainable delivery.
H.E. Dr. Abdulkader AlHussrieh, Governor of the Central Bank of Syria, stated:
“This strategy is not just a roadmap. It is a practical commitment to restoring monetary stability and rebuilding confidence in the national economy. Through clear policies and carefully calibrated measures, we aim to improve the economic environment and pave the way for Syria’s reintegration into the global financial system.”
The Central Bank added that implementation is already underway through phased programs and continuous monitoring of performance indicators, ensuring transparency and accountability in delivering results.
The Central Bank of Syria reaffirmed its commitment to advancing its policy framework and tools, and to working closely with domestic and international partners to support economic stability and sustainable growth..
