financial sector

Damascus, Aug. 13 (SANA)Syrian Finance Minister Mohammed Yisr Barnieh met Thursday with World Bank Division Director for the Middle East Department Dahlia Khalifa in Damascus to discuss financial and economic reforms, social protection and sustainable development programs, the Syrian Ministry of Finance said. The meeting, attended by representatives of the Ministry of Foreign Affairs and Expatriates, reviewed cooperation between the World Bank and Syrian government institutions, the ministry sa…

Did you find what you were looking for? Find what you were looking for? Help us improve AI search results by giving yourfeedback. Tánaiste and Minister for Finance Simon Harris TD is today launching Ireland’s firstNational Anti-Money Laundering, Countering Financing of Terrorism and Countering Proliferation Financing Strategy,setting out a comprehensive plan to strengthen the State’s response to financial crime and protect Ireland’s economy, businesses and citizens. The Strategy underpins th…

Damascus, Aug. 12 (SANA)Syria’s Finance MinisterMohammed Yisr Barniehdiscussed draft tax legislation with anInternational Monetary Fund(IMF) mission specializing in tax policy, focusing on reforms aimed at meeting current requirements, economic reform priorities and international trends. The IMF mission, headed by IMF Syria Mission ChiefRon van Rooden, concluded its visit to Syria in August 2026. The visit marked a further step in the IMF’s recently resumed on-the-ground engagement with Syria f…

Damascus, Aug. 10 (SANA)Finance Minister Mohammed YisrBarniehsaid Syria’s economy is expected to grow by 11.3% this year, with growth momentum projected to continue in the coming years, while production in several sectors is expected to return to pre-2011 levels by 2030. In an exclusive interview with SANA on Monday, Barnieh said budget revenues are expected to reach nearly $8 billion in 2026, adding that exceptional revenues will be directed toward investment projects in affected areas and sup…

Today in New Alamein City, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly, and Minister of Finance, Mr. Ahmed Kouchouk. Spokesman for the Presidency Ambassador Mohamed El-Shennawy said that during the meeting, a briefing was provided on the latest developments regarding hedging against global oil price fluctuation risks for FY 2025/2026 and FY 2026/2027. The Minister of Finance also reviewed progress in the implementation of the real estate tax facilitation package…

Damascus, Aug. 9 (SANA)Syrian Finance Minister Mohammed Yisr Barnieh held talks with a senior U.S. Treasury official on Sunday on efforts to reintegrate Syria into the global financial system and expand technical cooperation between the two countries. Barnieh held the talks via videoconference with, Jonathan Burke, U.S. Assistant Secretary of theTreasury for Terrorist Financing, Syria’s Finance Ministry said on Telegram. The talks focused on technical cooperation, capacity building and trainin…

Damascus, Aug. 7 (SANA)Finance MinisterMohammed Yisr Barniehexpressed his gratitude to the World Bank Board of Executive Directors for approving a $100 million grant to support financial sector reforms in Syria, particularly the development of financial infrastructure and strengthening the capacity of theCentral Bank of Syria. Barnieh said the grant is the fifth approved by the World Bank for Syria, following previous grants supporting electricity, health, water and public financial management,…

Damascus, Aug. 7 (SANA)Central Bank of Syria Governor Mohammed Safwat Raslan said that theWorld Bank‘s approval of a $100 million grant to support the modernization of Syria’s financial sector represents an important milestone in developing the country’s financial andbankinginfrastructure, and an essential step toward building a modern financial sector aligned with international standards and best practices. “The project will contribute to modernizing payment systems, enhancing digital infrastr…

Damascus, (SANA)TheWorld BankBoard of Executive Directors approved a non-refundable $100 million grant to support the Financial Sector Modernization Project in Syria (IDA), the Central Bank of Syria said, welcoming the grant as support for developing the financial sector and strengthening its institutional and technological infrastructure. The grant, provided by the International Development Association, will support the development of financial and credit infrastructure, payment systems and fi…

Damascus, Aug. 8 (SANA)Finance Minister MohammedYisr Barniehsaid that allWorld Bankgrants provided to Syria so far are non-repayable and impose no financial burden on the public treasury, attributing growing confidence among internationalfinancial institutionsto an approach based on transparency and good governance in managing previous development financing provided by the World Bank. The World Bank announced on Friday that its Board of Executive Directors had approved a new $100 million grant …

Washington, Aug. 7 (SANA)TheWorld Bankannounced on Friday that its Board of Executive Directors approved a $100 million grant from the International Development Association (IDA) to support Syria in building a modern, secure, and digitally enabled financial sector. According to the official statement, the “Syria Financial Sector Modernization Project” will fund investments to make financial transactions safer, faster, and more transparent, while creating conditions to improve access to financia…