On April 24, 2025, a joint statement was issued by Mohammed AlJadaan, the Finance Minister of Saudi Arabia; Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF); and Ajay Banga, the President of the World Bank Group (WBG). The statement followed a high-level roundtable for Syria, conducted on the sidelines of the 2025 WBG/IMF Spring Meetings in Washington, DC.
The roundtable, which included Syrian authorities, finance ministers, and key stakeholders from multilateral and regional financial institutions, provided a platform for Syria to present its ongoing efforts to stabilize and rebuild the country, reduce poverty, and achieve long-term economic development. This meeting built on prior discussions held at various conferences, including the Paris Conference on Syria, the Al Ula roundtable, and the Brussels IX conference.
The statement highlighted broad recognition of the critical challenges faced by the Syrian economy and a collective commitment to support Syrian authorities in their recovery and development efforts. Emphasis was placed on meeting the urgent needs of the Syrian people, rebuilding institutions, developing capacity, reforming policies, and creating a national economic recovery strategy. The IMF and WBG were urged to support these initiatives in coordination with partners.
The leaders expressed their support for Syria's reintegration with the international community and unlocking resources essential for policy execution, early recovery, and reconstruction needs, as well as promoting private sector development and employment opportunities. They also endorsed the Syrian efforts to strengthen governance and transparency, as effective institutions are integral for the country's progress.
Gratitude was extended to all participants for their contributions and commitment to aiding Syrian reconstruction and improving the citizenry's quality of life. The statement anticipated continued dialogue during the IMF and WBG's Annual Meetings in October 2025 to assess progress and coordinate global efforts in furthering Syria's economic recovery and prosperity.