Bangkok, Oct. 15 (SANA) Finance Minister Mohammed Yisr Barnieh and Central Bank of Syria Governor Safwat Raslan discussed ways to support projects and investment with the International Finance Corporation (IFC), in the presence of the World Bank’s Syria Country Manager, on the sidelines of the annual meetings of the International Monetary Fund and World Bank Group in Bangkok.
According to a statement published by the Finance Ministry , a joint meeting reviewed the IFC’s work in Syria, the main projects it is currently studying and preparing, and the sectors in Syria that are of interest to the institution.
Bernieh stressed the importance of establishing a fund to support Syria, which would help strengthen the IFC’s role and expand its operations.
Financing Public- and Private-Sector Projects
The two sides discussed the need for an integrated financing approach that would allow multiple parties to contribute to project funding, including the government, the private sector and institutions providing assistance to Syria.
They also agreed to support joint-sector companies and strengthen public-private partnerships. In addition, they reviewed plans to restructure state-owned banks and issue bonds for Syrian expatriates to support specific sectors of the Syrian economy.
MHD
