Syria seeks support for banking reforms

Syrian Finance Minister Muhammad Yasser Berniei dedicated his efforts in New York to a series of high-level meetings aimed at supporting Syria's recovery and reform of its financial and banking system. The meeting, initiated by the Qatar Development Fund and the Islamic Development Bank, focused on key priorities for financial sector reform, including developing public financial management, reforming the banking sector, and revitalizing capital and insurance markets, with an emphasis on enhancing transparency and financial oversight. Berniei affirmed that Syria assumes full responsibility for its economic recovery path and seeks to build coordinated international relationships focused on capacity building and providing financial and technical expertise, with the goal of reintegration into the global financial system and attracting investments. In conclusion, the minister stressed that the success of reforms depends on the institutions' ability to implement them, and that Syria aims for a modern, transparent financial system that supports sustainable growth.

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