Damascus, Feb. 26 (SANA) Syria’s finance minister and central bank governor welcomed a statement from the International Monetary Fund (IMF) praising what it described as the government’s commitment to prudent economic policies, saying the assessment could support the country’s gradual reintegration into the global economy.
Finance Minister Mohammed Yisr Barnieh said in a Facebook post on Wednesday that the IMF’s positive evaluation would help bolster confidence among international investors and financial institutions monitoring Syria’s economic developments, potentially paving the way for broader cooperation and future support.
He said the government remains committed to advancing structural reforms aimed at strengthening economic and financial stability, supporting recovery efforts and laying the groundwork for sustainable and inclusive growth.
Central Bank Governor Abdulkader Husarieh, in a separate statement, welcomed the IMF’s acknowledgment of the central bank’s tight monetary stance despite significant constraints, crediting it with helping slow inflation and stabilize the exchange rate compared with 2024, as well as overseeing the introduction of a new currency.
He added that the IMF emphasized the need in the next phase to strengthen the central bank’s independence, modernize the monetary policy framework and conduct a comprehensive review of banks’ financial health, alongside restructuring efforts to restore public confidence in the banking sector.
The IMF said earlier on Wednesday it would continue supporting Syria’s efforts to rehabilitate the economy and improve the performance of key institutions, noting signs of an accelerating recovery.
M.S