Successive sanctions cripple Syria’s Central Bank and drive it to rely on war mafias ...Syria

Enab Baladi – Ali Darwish The United States (US) and the European Union (EU) have imposed several sanctions on the Central Bank of Syria (CBS) since 2011. In addition to the CBS, the sanctions included the head of the Syrian regime, Bashar al-Assad, his wife Asma al-Assad, and prominent figures from their inner circle. The sanctions were also placed on some institutions, businessmen, and military and security officers. Since the Caesar Syria Civilian Protection Act, also known as the Caesar Act, came into force last June, the regime has undergone six rounds of sanctions, the latest of which was on 22 December. US Special Envoy for Syria Joel Rayburn said in a press conference attende

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