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statementThe Minister stressed the importance of adopting a strong sound governance framework to enhance the efficiency of financing management, and welcomed the Bank's cooperation with civil society organizations, but only after careful review to ensure governance.وزير الماليةstatementThe Minister affirmed the need for the partnership framework with the Islamic Development Bank to complement the proposed partnership framework with the World Bank and partnership programs with the European Union, ensuring full coordination and achieving recovery priorities, noting the pivotal role of the international cooperation department at the Ministry of Foreign Affairs.وزير الماليةstatementThe Islamic Development Bank delegation presented the Country Engagement Framework as an interim strategic framework used by the Group to guide potential partnerships and interventions with member states, moving from scattered opportunities to a focused, sequenced, results-based partnership platform within the path of stability, recovery and development.البنك الإسلامي للتنميةstatementThe Minister indicated the importance of financing projects in sectors foremost among them health, food security, infrastructure, energy, transport, water and sanitation, alongside digital transformation and Islamic financial services.وزير الماليةstatementThe Minister stressed the importance of joint and serious work with the Islamic Development Bank Group and the need to identify priority sectors that need grants or financing to support recovery and development in Syria.وزير الماليةstatementThe Minister of Finance received a large delegation from the Islamic Development Bank comprising 15 experts from various sectors to discuss agreement on the Country Engagement Framework for the Islamic Development Bank Group in Syria (CEF) for 2027-2029 and cooperation priorities.syrmoffcommitmentThe Minister stressed the importance of precisely determining financing needs and setting proposed financing sources, while committing to specified indicators, foremost controlling the fiscal deficit and public debt, balancing development financing needs with maintaining low levels of fiscal deficit and public debt; and affirmed that available financing is positively correlated with improved investment climate.محمد يسر برنيةcommitmentThe Minister stressed the need to observe international standards and sustainability in financing mechanisms and to finish preparing a clear medium-term financing strategy based on the list of priority projects, in coordination with other ministries and bodies, specifying the appropriate financing source for each project.محمد يسر برنيةstatementThe meeting touched on the Trust Fund for Recovery and Reconstruction Support in Syria (START) as one of the possible financing sources.الاجتماعstatementThe meeting addressed the role of public-private partnerships (PPP) and private equity funds as other financing sources, and ways to enable the private sector to contribute to project financing and facilitate its access to financing from global banks and investment institutions.الاجتماعcommitmentThe Minister stressed the need to study the various entities that can provide concessional financing, including development funds and regional and international financial institutions, and the need for coordination and integration with the International Cooperation Department at the Ministry of Foreign Affairs.محمد يسر برنيةstatementThe meeting discussed financing opportunities from the state general budget within the recently adopted medium-term budget, and financing through issuing sovereign sukuk and bonds and project sukuk, alongside grants and concessional development loans.الاجتماعcommitmentThe committee aims to examine available financing paths and mechanisms to secure financing for priority projects and identify appropriate sources.لجنة تمويل التنميةinvestigationThe Ministry of Finance formed an internal committee to study and identify the financing gap and prepare a development financing framework for Syria for the next five years.وزارة الماليةstatementThe capital increase requirements entail reviewing the law establishing the bank.syrmoffstatementThe meeting discussed requirements for increasing the bank's capital through capitalization of profits and revaluation, including real estate owned by the bank.syrmoffstatementThe meeting considered launching a dedicated facility to support the rehabilitation of destroyed factories.syrmoffstatementThe meeting addressed developing financial services and products compatible with Islamic Sharia.syrmoffstatementThe Minister stressed the importance of developing modern financial technology applications and considering technical solutions comprehensively with the rest of government banks and state financial institutions.وزير الماليةstatementThe meeting discussed accelerating compliance with Central Bank of Syria directives on anti-money laundering and counter-terrorism financing procedures and policies.syrmoff
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