Syria Advances Fiscal Reform with New World Bank Support

Syria Advances Fiscal Reform with New World Bank Support

Syria is entering a pivotal stage of financial and economic reform with the backing of the World Bank. A newly approved $20 million grant from the International Development Association (IDA) is intended to strengthen fiscal governance, restore investor confidence, and guide the country’s public finances toward a more transparent and efficient framework. Finance Minister Mohammad Yasser Barneya announced that the World Bank’s Executive Board endo…