Archive · 11 Jun 2025
IMF Highlights Need for Substantial Support for Syria's Economy
The IMF, a group that helps countries with money, visited Syria for the first time since 2009 to discuss its economic recovery.
Syria needs a lot of help to rebuild after years of war that caused immense damage.
The IMF is working on a plan to assist, but Syria has many things to fix, like taxes and banks.
The conflict caused millions of people to leave or become displaced.
Other countries, including Saudi Arabia and Qatar, are helping to rebuild Syria by investing and helping the country repay its debts.
The US is planning to lift some sanctions too.
An IMF team visited Syria from June 1-5, the first visit since 2009.
The IMF discussed Syria's economic recovery and needs for international support.
Syria faces substantial challenges due to conflict, which caused immense damage.
About six million people fled Syria; the UN estimates 90% of those remaining rely on aid.
Saudi Arabia and Qatar settled Syria’s World Bank debt, valued at near USD 15 billion.
- Who
- An IMF team
- What
- An IMF team visited Syria for economic recovery talks and assessed needs.
- When
- June 1-5
- Where
- Damascus, Syria
- Why
- To discuss Syria's economic recovery and needs for international support.
- IMF Visit Date
- June 1-5
- Last IMF Visit
- 2009
- Focus
- Economic Recovery
- People Fled Syria
- 6 million
- People Killed in Conflict
- 500,000
- World Bank Debt Paid Off
- USD 15 billion
- Estimated Reconstruction Cost
- USD 250-400 billion
