After the International Monetary Fund... Syria returns to the Arab group in the World Bank

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The Syrian Minister of Finance, Muhammad Yusser Barneyah, discussed with the Executive Director of the Arab Group at the World Bank Group, Abdulaziz Al-Mulla, the files of cooperation, programs and activities existing between Syria and the World Bank, in preparation for Syria’s transfer from the Russian Federation Group to the Arab Group at the World Bank, starting on the first of next November.

The Ministry of Finance said that during the meeting, which was held on the sidelines of the annual meetings of the International Monetary Fund and the World Bank, Bernieh expressed his aspiration that the Executive Office of the Arab Group would play an active role in coordinating and following up on files related to Syria and providing the necessary support to support the bank’s activities and follow up on the implementation of relevant programs.

In turn, Al-Mulla welcomed Syria's return to the Arab Group at the World Bank, stressing his keenness to make the necessary efforts to help enhance the bank's services and activities in Syria and follow up on relevant files, according to the Syrian news agency, SANA.

On October 14, the Ministry of Finance announced that Syria would return to the Arab group in the International Monetary Fund, starting on November 1, after it had been in the Russian Federation group since 2012.