French technical cooperation mission at the Central Bank of Syria

The Central Bank of Syria, in cooperation with the French technical mission, began work on the project to support and strengthen the capacities of the Central Bank of Syria (CAPCBoS), with the aim of developing its institutional and technical capacities, raising the efficiency of its supervisory and monetary tools, and drawing on international expertise in supporting the modernization of the banking and monetary sector in Syria.

The project focuses on two main tracks: developing risk-based banking supervision, and strengthening the Bank's capacities in the areas of monetary policy, economic analysis, liquidity management, and the interbank market.

The mission's work was launched in the presence of the Governor of the Central Bank of Syria, Mr. Safwat Raslan, and the French Chargé d'Affaires in Damascus, Jean-Baptiste Faivre, and it includes a series of technical meetings with the relevant directorates and bodies at the Bank to identify priorities and needs, and to agree on practical steps for cooperation and the transfer of expertise, complementing the technical support programs provided by international partners.

Taking part in the mission are representatives of the French Directorate General of the Treasury, the Banque de France, the Agence Française de Développement, and the French Agency for International Technical Expertise (Expertise France).

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