Syrian Finance Minister Yasser Barnea held talks with his Qatari counterpart Ali bin Ahmed Al Kuwari on ways to enhance financial and economic cooperation between the two countries and support recovery and development efforts in Syria, on the sidelines of the annual meetings of the International Monetary Fund and the World Bank held in the Thai capital Bangkok.
He noted that Barnea expressed the Syrian government's appreciation for Qatar's support and backing of financial reforms and development projects in Syria, emphasizing the importance of enhancing cooperation in the coming phase in line with national priorities and contributing to improving services and living conditions for citizens.
Results of the Financial Gaps Study
The meeting discussed the results of the financial sector gaps study conducted by Olav Wessels, and stressed that the Central Bank and the Ministry of Finance in Syria are keen on implementing the necessary reforms. The meeting also addressed support for the Multi-Donor Trust Fund for Reconstruction in Syria in cooperation with the World Bank.
Supporting the Recovery Plan
The fund aims to support the recovery plan, coordinate contributions from partners and donors, and direct them towards national priorities, thereby enhancing financing effectiveness and contributing to tangible developmental impact. The Qatari minister welcomed the establishment of the fund. Both sides emphasized the importance of continuing coordination and cooperation between the two countries and continuing work to develop areas of support and priority projects.
Reconstruction Projects
Earlier today, the Finance Minister held talks with Sultan Abdul Rahman Al Murshed, CEO of the Saudi Fund for Development, and senior officials at the fund, on ways to enhance developmental cooperation within the framework of the "Syria without Camps" vision, and the necessity of directing projects funded by the fund towards multi-sectoral projects that contribute to creating appropriate conditions for the return of displaced persons from camps.
Source: Syrian Arab News Agency (SANA)
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