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rdf:type	schema:NewsArticle
schema:articleBody	President Bashar al-Assad appointed a new central bank chief on Tuesday, a week after the former governor was sacked amid Syria's spiralling economic crisis. "President Assad issues decree Number 126 for the year 2021 which appoints Mohammad Issam Hazimeh as the new governor of Syria's central bank," the presidency said in a statement. A lawyer by training, Hazimeh has served as deputy central bank governor since 2018, according to pro-government daily Al-Watan. It said he earlier held posts at the justice ministry, the Damascus Securities Exchange and the state-owned company responsible for online payments. He replaces Hazem Karfoul who was dismissed in a decree last Tuesday after three years in the post. Karfoul oversaw an accelerating economic crisis sparked by civil war and compounded by sanctions, the coronavirus pandemic and a financial crunch in neighbouring Lebanon. Al-Watan last week said he was fired because of his "shortcomings" in dealing with the crisis. "He lacked the courage and responsibility to take technical measures to curb" the devaluation of the Syrian pound, it said, citing sources. Hazimeh will inherit the daunting task of stabilising the local currency which has lost more than 98 percent of its value against the dollar on the black market. Officially valued at 1,256 to the greenback, the dollar now costs nearly 3,000 pounds on the black market. The government last month started enforcing a series of measures to stem a further drop in the pound's value. They include new import bans and a state crackdown on unofficial money exchangers, Al-Watan said. bur-mam/tgg/ho/hc
schema:headline	Syria names new central bank chief
schema:mentions	Black market Syrian Civil War Bashar al-Assad Lebanon Pound sterling Currency United States dollar President of Russia Coronavirus Damascus Securities Exchange Syrian pound Devaluation United States Note Spiralling
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-20 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	79 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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