Ashraf AboArafe
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 His Excellency the Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan, the Managing Director of the International Monetary Fund, Kristalina Georgieva, and the President of the World Bank Group, 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, as well as 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 9 Conference (March 17)—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 to address the urgent needs of the Syrian people, rebuild institutions, develop capacities, reform policies, and develop a national strategy for economic recovery. The World Bank and the IMF were invited to contribute support in line with their mandates and reflecting the support of their shareholders, and in close coordination. With multilateral and bilateral partners.
The statement said: “We welcome efforts to help Syria reintegrate into the international community and enable 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.”
I also express my appreciation 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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