Finance Minister Mohammad Yasser Burhani and Central Bank of Syria Governor Safwat Rusal held a meeting with Jonathan Greenstein, Deputy Under Secretary of the US Treasury for International Affairs, and Eric Meyer, Deputy Assistant Secretary of the US Treasury for Africa, the Middle East, and Multilateral Development Bank Operations, on the sidelines of the annual meetings of the International Monetary Fund and the World Bank Group held in Bangkok.
In this context, the Ministry of Finance stated in a post on its Telegram channel on Wednesday that the meeting reviewed the outcomes of the New York meetings held ten days prior, and ways to support the financial and banking reforms being undertaken by the ministry and the central bank, particularly regarding financial integrity and measures to combat money laundering and terrorist financing.
For his part, the meeting discussed the latest developments regarding Syria's economic and financial performance, and the prospects for this performance in light of shocks to the global economy, and ways to enhance the recovery of the Syrian economy and create job opportunities. Both sides affirmed that the reciprocal meetings contributed to achieving important results in terms of Syrian-US financial relations.
The US Treasury Department indicated during the meeting that its assessment of the New York meetings was positive, and praised the progress Syria has made in its financial reforms, considering it an encouraging indicator that lays the foundation for an important phase of partnership between the two countries. Both sides agreed to intensify meetings and enhance mutual cooperation, giving Syria a real opportunity to rise again and reconnect it with the global financial system.
He added that the Finance Minister and the Central Bank Governor participated in the high-level round table organized by the Qatar Fund for Development and the Islamic Development Bank Group at the United Nations headquarters in New York on September 23, under the title "Investing in Syria's Recovery: Coordinating Support for Financial Sector Transformation," attended by representatives of the US Treasury Department, international financial institutions, development partners, and government delegations.
Both sides agreed to intensify meetings to enhance mutual cooperation, giving Syria a real opportunity to rise again and reconnect it with the global financial system.
Source: Syrian Arab News Agency (SANA)
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