Syrian Finance Minister Attends IMFC Meetings in Bangkok
Syrian Minister of Finance, Mohammad Yassar Bernie, participated in the 54th meeting of the International Monetary and Financial Committee (IMFC), held Saturday in Bangkok, Thailand. The session took place on the sidelines of the annual meetings of the International Monetary Fund (IMF) and the World Bank, presided over by Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan and attended by IMF Managing Director Kristalina Georgieva.
According to the Syrian Ministry of Finance, the discussions centered on the outlook for the global economy and current challenges stemming from geopolitical tensions. Participants also addressed issues regarding financial stability, public debt sustainability, and strategies to strengthen international financial cooperation. A particular emphasis was placed on supporting developing economies and nations that are fragile or affected by conflict, ensuring they are equipped to implement essential structural and institutional reforms.
The Ministry noted that Syria’s presence at these events is part of its ongoing efforts to strengthen its role within international financial institutions and to expand cooperation with global partners. These efforts are aimed at supporting the country’s financial and economic reform paths, facilitating reintegration into the global financial system, and mobilizing the support necessary for economic recovery and reconstruction initiatives.
The International Monetary and Financial Committee (IMFC) serves as the primary body for setting the strategic policies of the IMF. It is composed of 25 members representing member states, including senior finance ministers and central bank governors who guide global economic policies and address the most significant challenges facing the international monetary and financial system.
In a related development, Minister Bernie met with World Bank President Ajay Banga during a periodic annual meeting of the Arab Group in Bangkok. During this engagement, Bernie highlighted the importance of increasing World Bank support for Syria’s economic recovery and reconstruction efforts. Furthermore, he emphasized the need to incentivize investment and facilitate the flow of capital into the Syrian private sector as a critical component of upcoming economic development plans.
Source: Syria Focus Arabic
