Bashar al-Assad appoints Muhammad defeating the new governor of the Central Bank of Syria

Yesterday, Tuesday, Bashar al-Assad appointed “Muhammad Essam Hazima” as governor of the Central Bank of Syria, a week after the dismissal of his former president, Hazem Karfoul.

According to the “SANA” news agency, Legislative Decree No. 126 for the year 2021 was issued, ruling the appointment of Muhammad Essam Hazima, the new governor of the Central Bank of Syria, at a time when the Assad regime is suffering from a suffocating economic crisis, as a result of the collapse of the value of the Syrian pound to record levels against currencies
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The new governor of the Central Bank of Syria held the position of second governor for the period from 2018 to 2021, and he is an academic who holds a doctorate in business law in e-commerce and a master’s in economic law, and he is also a lecturer at both Damascus University and the Higher Levant Institute.

A few days ago, private sources told the Russian “Sputnik” agency that a (Russian, Iranian, Syrian) operation room had been established to secure the safe supply of oil, wheat and some other materials to the Syrian ports on the Mediterranean.

The parallel market for the currency is witnessing an upward recovery in the country, amid the decline in the abundance of foreign exchange, so that the dollar in informal transactions yesterday registered 2,880 pounds, compared with 2512 the official rate at banks.