DAMASCUS: Rockets were fired at a home in Syria’s capital on Friday night, wounding one person and causing damage, state media reported.
It wasn’t immediately clear who was behind the rocket attack in Damascus’ western neighborhood of Mazzeh 86. An Associated Press journalist at the scene said that security forces cordoned off the area and prevented anyone from getting close to the building that was struck.
State television reported that one woman was wounded in the blast, which was caused by an attack by “unknown assailants,” adding that security forces were investigating.
State news agency SANA also said that one woman was wounded in the Friday night explosion, and that the blast was caused by rockets that were fired from a mobile launcher.
Explosions aren’t uncommon in the Syrian capital, but have decreased in recent months.
Since the fall of President Bashar Assad’s government in December last year by insurgents who took over his seat of power in the capital, there have been several explosions in Damascus.
Israel has also carried out hundreds of airstrikes around the country since the end of the 54-year Assad dynasty, mainly targeting assets of the Syrian army.
Rocket attack in Syria’s capital wounds 1 person and causes damage
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Rocket attack in Syria’s capital wounds 1 person and causes damage
- It wasn’t immediately clear who was behind the rocket attack in Damascus
- Security forces cordoned off the area and prevented anyone from getting close to the building
Syria’s growth accelerates as sanctions ease, refugees return
- Economy grows much faster than World Bank’s 1% estimate, fueling plans for currency’s relaunch
NEW YORK: Syria’s economy is growing much faster than the World Bank’s 1 percent estimate for 2025 as refugees flow back after the end of a 14-year civil war, fueling plans for the relaunch of the country’s currency and efforts to build a new Middle East financial hub, central bank Governor AbdulKader Husrieh has said.
Speaking via video link at a conference in New York, Husrieh also said he welcomed a deal with Visa to establish digital payment systems and added that the country is working with the International Monetary Fund to develop methods to accurately measure economic data to reflect the resurgence.
The Syrian central bank chief, who is helping guide the war-torn country’s reintegration into the global economy after the fall of Bashar Assad’s regime about a year ago, described the repeal of many US sanctions against Syria as “a miracle.”
The US Treasury on Nov. 10 announced a 180-day extension of the suspension of the so-called Caesar sanctions against Syria; lifting them entirely requires approval by the US Congress.
Husrieh said that based on discussions with US lawmakers, he expects the sanctions to be repealed by the end of 2025, ending “the last episode of the sanctions.”
“Once this happens, this will give comfort to our potential correspondent banks about dealing with Syria,” he said.
Husrieh also said that Syria was working to revamp regulations aimed at combating money laundering and the financing of terrorism, which he said would provide further assurances to international lenders.
Syria’s central bank has recently organized workshops with banks from the US, Turkiye, Jordan and Australia to discuss due diligence in reviewing transactions, he added.
Husrieh said that Syria is preparing to launch a new currency in eight note denominations and confirmed plans to remove two zeroes from them in a bid to restore confidence in the battered pound.
“The new currency will be a signal and symbol for this financial liberation,” Husrieh said. “We are glad that we are working with Visa and Mastercard,” Husrieh said.
