Statement Boosts Investor Confidence in the Syrian Economy

Economic advisor at the Ministry of Economy, Mohammed Younes Barnia, confirmed that the International Monetary Fund's (IMF) statement on the economic situation in Syria was positive and objective, pointing to signs of an economic recovery in the country. Barnia explained that the IMF considered the government's measures to control fiscal and monetary policy credible, praising the slowdown in inflation and the improvement in the Lira's exchange rate. He considered that this statement boosts local and international investor confidence in the Syrian economy and opens the door for further cooperation with the Fund and international financial institutions, emphasizing the government's commitment to transparency and credibility in presenting its data