Syrian Arab Republic, Presidency of the Republic, Decree No. 113 of 2025 establishing the Sovereign Fund (الصندوق السيادي), Damascus, 28 Dhu al-Hijja 1446 AH corresponding to 24 June 2025, 16 articles over 5 pages, signed by Ahmed al-Sharaa, President of the Syrian Arab Republic
Source ID
SRC-377
Citation
Syrian Arab Republic, Presidency of the Republic, Decree No. 113 of 2025 establishing the Sovereign Fund (الصندوق السيادي), Damascus, 28 Dhu al-Hijja 1446 AH corresponding to 24 June 2025, 16 articles over 5 pages, signed by Ahmed al-Sharaa, President of the Syrian Arab Republic
URL or path
research/retrieved/ssf-decree-113-official-pdf.pdf; page renders at research/retrieved/decree113_pages/p1.png to p5.png; corroborating reports at research/retrieved/syriareport-decree-113-sovereign-fund.txt and research/retrieved/sana-decree-113-sovereign-fund.txt
Type
Primary instrument, Syrian presidential decree
Hierarchy tier
1
Published
2025-06-24
Accessed
2026-08-23
Snapshot
PDF held in research/retrieved/ with a SHA-256 in that directory's RETRIEVAL_MANIFEST.tsv. THE FILE HAS NO TEXT LAYER AT ALL, 0 characters over 5 pages, so every article below was read at the rendered page
Claims
CH9 asset recovery and the destination of recovered assets; CH9 governance of endowment funds; Issue 26
Status
READ
Version history
The register keeps changing after the book is fixed in print. Each entry below was added to this row in the order shown.
READ IN FULL AT THE RENDERED PAGES, ALL FIVE, 23 AUGUST 2026. The PDF is an image-only scan and extraction returns nothing, so the text layer was not used and could not have been. HELD ON DISK SINCE BEFORE THE CHAPTER 9 GATE WAS WRITTEN, in research/retrieved/, a directory of 130 files that was outside every retrieval limb's and every verifier's search: the asset recovery verifier reported that it could not open the founding instruments for the destination of recovered assets, and this is one of them. ARTICLE 13 IS THE FINDING AND IT IS AN EXHAUSTIVE LIST. The revenues of the Sovereign Fund consist of four sources and four only: the appropriations and moneys the State allocates to it; the resources realised from the Fund's own activities; the value of fixed assets and the investments belonging to it; and the subsidies, grants and donations it accepts in accordance with the laws and regulations in force. RECOVERED, CONFISCATED OR ILLICITLY GAINED ASSETS ARE NOT AMONG THEM, and the Illicit Gain Combating Committee is not named anywhere in the decree. The decree ends at Article 16 and all sixteen were read, so this is an absence in the whole instrument and not in a part of it. GOVERNANCE, AND IT IS WHAT THE CHAPTER NEEDS. Article 2: the Fund has legal personality with financial and administrative independence, is headquartered in Damascus, and is linked to the Presidency of the Republic, not to the Ministry of Finance and not to any legislature. Article 3(d): one of its four objects is to convert non-activated government assets into tools of production and development. Article 4 states a strict and transparent governance system consisting of quarterly and annual reports SUBMITTED TO THE PRESIDENCY, financial audit by bodies independent of the Fund, and real-time oversight; NOTHING IN ARTICLE 4 REQUIRES PUBLICATION. Article 6: the board is the chairman, the director general as deputy, the assistant director general, one of the Fund's own directors and three experts, with no finance ministry seat and no external audit seat. Article 7: the board is named by decree. Article 8: the director general is named by decree, is the contracting officer for expenditure and the ordering authority for disbursement, and represents the Fund before the judiciary. Article 9 gives the board 'the powers and flexibility' consistent with the Fund's objects. Article 12: the director general is answerable to the board and to the President. Article 14: the Fund's internal regulations are issued by a decision of the director general, so the rules are made by the officer they govern. Article 16: the decree is published and takes effect from the date of issue. WHAT THIS DOES NOT SETTLE: whether any other instrument designates a destination for recovered assets. The chairman of the Illicit Gain Combating Committee is reported to have told Al Majalla on 9 March 2026 that the Foz settlement's assets went to the Development Fund by way of the Sovereign Fund at an 80 per cent share; THAT IS AN OFFICIAL'S STATEMENT AND NOT AN INSTRUMENT, and it has no basis in this decree. Decree 112 of 2025 on the Development Fund is held at research/retrieved/syrianmemory-decree-112-development-fund.txt and research/retrieved/thawra-decree-112-2025.txt, and nobody has opened it for this project; it needs a register row of its own and Stage 0 has not reached it. THE READ STATUS ON THIS ROW GOVERNS THIS DECREE ONLY, which is Decree 113, and all sixteen of its articles were read at the rendered pages.