Feb 25 β€’ 14:56 UTC πŸ‡ΆπŸ‡¦ Qatar Al Jazeera

IMF: Syria achieved a surplus in the 2025 budget.. and agreement on a support program

The IMF notes that Syria finished 2025 with a slight budget surplus and has agreed on a program with local authorities to assist in implementing significant financial reforms.

The International Monetary Fund (IMF) announced that Syria concluded the year 2025 with a slight budget surplus, primarily resulting from focused spending on basic needs and improving living standards for its citizens. The surplus was attributed to careful spending adjustments that aligned with available resources, notably through the Ministry of Finance's decision not to finance from the central bank, marking a significant improvement compared to previous years.

A team from the IMF visited Syria between February 15 and 19 to discuss the priorities set by local authorities and the progress made in financial reforms. The discussions also included the ongoing provision of technical assistance activities. The IMF's report highlighted signs of recovery in the Syrian economy, spurred by a rise in consumer and investor confidence, the easing of international sanctions, and Syria's gradual reintegration into regional and global economies.

This development is pivotal for Syria, as a budget surplus can facilitate critical investments in infrastructure and social programs necessary for the country's long-term recovery. Additionally, the agreement on a support program indicates international recognition of the efforts made, which may lead to further financial assistance and investment, aiding in stabilizing the economy in a post-conflict context.

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