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Joint Statement by the Saudi Minister of Finance, the Managing Director of the International Monetary Fund, and the President of the World Bank Group on Syria

Washington (UNA/SPA) – A joint statement on Syria was issued on the sidelines of the 2025 Spring Meetings of the World Bank and the International Monetary Fund, with the participation of Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan, IMF Managing Director Kristalina Georgieva, and World Bank Group President Ajay Banga.
The following is the text of the statement: “On the sidelines of the 2025 Spring Meetings of the World Bank and the International Monetary Fund, we held a high-level roundtable on Syria, with the participation of a delegation from the Syrian government, finance ministers, and key stakeholders from multilateral and regional financial institutions, in addition to economic development partners.
Building on previous discussions—including the Paris Conference on Syria (February 13), the Al-Ula Roundtable on February 16, and the Brussels 17 Conference (March XNUMX)—this meeting enabled the Syrian government to review its ongoing efforts to stabilize and rebuild Syria, reduce poverty, and achieve long-term economic development.
There was consensus on the urgent challenges facing the Syrian economy and a collective commitment to support the Syrian government's efforts to achieve recovery and development. Priority will be given to efforts aimed at meeting the urgent needs of the Syrian people, rebuilding institutions, developing capacities, reforming policies, and developing a national strategy for economic recovery. The World Bank and the International Monetary Fund were invited to contribute support in line with their mandates and reflecting the support of their shareholders, in close coordination with multilateral and bilateral partners.
We welcome efforts aimed at helping Syria reintegrate into the international community and enabling it to access the necessary resources to support the government's policy efforts, meet early recovery and reconstruction needs, and encourage private sector development and job creation. We also support the Syrian government's efforts to strengthen governance and increase transparency as it seeks to build effective institutions for the benefit of the Syrian people.
We express our gratitude to all participants for their valuable contributions and commitment to supporting the Syrian government's efforts to rebuild Syria and improve the lives of its people. We look forward to meeting again at the joint World Bank-IMF Annual Meetings in October 2025 to follow up on progress and coordinate global efforts to promote economic recovery and prosperity in Syria.
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