On December 30, 2024, Syria's central bank chief announced that the United States had provided sanctions relief, marking a significant development for the Syrian economy. This announcement was made in Damascus, where the central bank is headquartered. The sanctions relief is expected to have a substantial impact on the Syrian economy, which has been under severe economic strain due to long-standing international sanctions. The central bank chief emphasized that this relief represents a turning point, potentially easing financial pressures and stabilizing the economy. The announcement comes amidst ongoing efforts to address the economic challenges faced by Syria. The country has been grappling with a weakened currency and high inflation rates, which have exacerbated the living conditions for many Syrians. The sanctions relief is seen as a step towards mitigating these economic hardships and fostering economic recovery. The specific details of the sanctions relief and its immediate effects are yet to be fully realized, but the announcement signals a potential shift in the economic landscape of Syria. The central bank's statement underscores the importance of this development in the broader context of Syria's economic rehabilitation and international relations.