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عكس السير
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World Bank plans Damascus office in 2027
Syrian Finance Minister Muhammad Yasser Bernia and Governor of the Central Bank of Syria, Muhammad Safwat Rouslan, participated in meetings in Bangkok with the President of the World Bank Group to discuss launching a multi-donor trust fund to support Syria's reconstruction and expand the bank's projects in the country. They revealed that the amount of grants provided to Syria has reached nearly half a billion dollars and emphasized the need to accelerate project implementation to enhance donors' chances of providing additional support. They also discussed opening a World Bank office in Damascus by early 2027 and expanding international financing activities to support the private sector and attract investments, with a focus on transportation, energy, agriculture, and food security, as well as supporting the connection of Syrian banks with global financial institutions. The President of the World Bank expressed readiness to support the "Syria Without Camps" initiative. The launch date and the funding amount of the trust fund have not yet been determined, and the opening of the office is still in preparation.
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