Saudi Arabia, IMF, and World Bank back Syria's economic recovery plan at 2025 Spring Meetings
Saudi Gazette report
WASHINGTON — Saudi Finance Minister Mohammed Al-Jadaan, IMF Managing Director Kristalina Georgieva, and World Bank Group President Ajay Banga issued a joint statement on Syria during the 2025 Spring Meetings of the World Bank and the International Monetary Fund.
Building on earlier discussions at the Paris Conference on Syria, the AlUla Roundtable, and the Brussels 9 Conference, the meeting provided the Syrian government an opportunity to present its efforts to stabilize and rebuild the country, reduce poverty, and promote long-term development.
Participants acknowledged the urgent challenges facing Syria's economy and affirmed their collective commitment to supporting the government's recovery initiatives.
Priorities include addressing the immediate needs of the Syrian people, rebuilding institutions, strengthening capacities, reforming economic policies, and developing a national recovery strategy.
The World Bank and the IMF called for support consistent with their mandates, coordinating closely with multilateral and bilateral partners.The meeting welcomed efforts to help Syria reintegrate into the international community, secure resources for early recovery and reconstruction, foster private sector growth, create job opportunities, and promote good governance and transparency to build effective institutions that serve the Syrian people.
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