Financing Talks Begin Between Syria and the Islamic Development Bank

Syrian Minister of Finance Mohammad Yusr Berniyye received a 15-member delegation from the Islamic Development Bank (IsDB) Group in the capital, Damascus, to discuss cooperation processes to be carried out within the scope of the 2027-2029 Country Partnership Framework.

During the meeting, the financing of projects in the fields of health, food security, infrastructure, energy, transportation, water and sewage systems, and digital transformation was discussed in line with Syria's economic recovery goals. Minister Berniyye emphasized that the development of Islamic financial services and the support of the private sector and SMEs are priorities.

Berniyye stated that the planned projects should proceed in harmony with the programs conducted with the World Bank and the European Union. The visit took place following an agreement reached regarding the resolution of Syria's accumulated financial obligations to the IsDB.