Supreme Council For Economic Development (Syria)

The Supreme Council for Economic Development (Arabic: المجلس الأعلى للتنمية الاقتصادية) is a supreme governmental body in the Syrian Arab Republic responsible for overseeing economic development, investment attraction, and strategic planning in the post-war reconstruction era.^[1]

Supreme Council for Economic Development

المجلس الأعلى للتنمية الاقتصادية
Emblem of Syria
Agency overview
Formed	July 9, 2025 (2025-07-09)
Jurisdiction	Syria
Headquarters	Damascus,Syria
Agency executive	Ahmed al-Sharaa, President (chair)
Parent department	Presidency of the Syrian Arab Republic
Child agency	Syrian Development Fund

Establishment

The Supreme Council for Economic Development was established by Decree No. 115 issued by President Ahmad al-Sharaa on 9 July 2025.^[2] This decree was part of a series of economic reforms following the fall of the Bashar al-Assad regime in late 2024, aimed at stabilizing and revitalizing the Syrian economy.^[3] The establishment coincided with amendments to the investment law under Decree No. 114, creating an independent framework for economic governance.^[4]

Objectives

The primary objectives of the council include:

• Achieving economic stability in Syria.
• Stimulating economic growth and development.
• Attracting domestic and foreign investments.
• Developing a comprehensive economic map covering the entire Syrian geography.
• Providing full oversight of numerous economic bodies and development funds, such as the Syrian Development Fund.^[5][6]

The council is designed to promote reconstruction efforts by supporting infrastructure development, including roads, bridges, water supply, and electricity networks.^[7]

Structure and composition

The Supreme Council for Economic Development operates under the direct authority of the Presidency, with President Ahmad al-Sharaa serving as its chair.^[8] Specific details on the composition, including the number of members and their roles, have not been publicly disclosed as of October 2025. The council is positioned as an independent investment authority, collaborating with entities such as the Syrian Investment Agency and various ministries.^[9][10]

Role in economic policy

The council plays a central role in Syria's economic decision-making, particularly in the executive branch, facilitating the transition to a more market-oriented economy.^[11] It has been involved in hosting investment forums, such as the one in Damascus in July 2025, to encourage international partnerships, notably with Saudi Arabia.^[12] Critics have noted that while the council grants significant authority, it lacks sufficient accountability mechanisms in the nascent post-Assad governance structure.^[13]