The Supreme Council for Economic Development (Arabic: çÃÂàìÃÂó çÃÂãùÃÂàÃÂÃÂêÃÂàÃÂé çÃÂçÃÂêõçïÃÂé) 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.
The Supreme Council for Economic Development was established by Decree No. 115 issued by President Ahmad al-Sharaa on 9 July 2025. 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. The establishment coincided with amendments to the investment law under Decree No. 114, creating an independent framework for economic governance.
The primary objectives of the council include:
The council is designed to promote reconstruction efforts by supporting infrastructure development, including roads, bridges, water supply, and electricity networks.
The Supreme Council for Economic Development operates under the direct authority of the Presidency, with President Ahmad al-Sharaa serving as its chair. 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.
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. 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. Critics have noted that while the council grants significant authority, it lacks sufficient accountability mechanisms in the nascent post-Assad governance structure.