The Executive Directors of the Islamic Development Bank approved the reactivation of the Syrian Arab Republic’s membership during their meeting today. This decision is crucial as it will enable the group to support recovery and reconstruction efforts in Syria and contribute to enhancing social and economic development in the country.
Syria became a member of the Islamic Development Bank in September 1975, and the total interventions of the bank group in Syria until the end of December 2024 amounted to approximately 632 million US dollars. The Islamic Development Bank Group reaffirms its strong commitment to supporting Syria and enhancing sustainable growth.
By reactivating Syria’s membership, the Islamic Development Bank is taking a significant step towards empowering the country’s recovery and reconstruction efforts. This move is expected to have a positive impact on the social and economic development of Syria, showcasing the group’s commitment to supporting the country’s sustainable growth trajectory.
The reactivation of Syria’s membership in the Islamic Development Bank has been approved by the Executive Directors, marking a significant milestone in the country’s journey towards recovery and development. This decision will enable the bank group to provide crucial support to Syria’s efforts in rebuilding and revitalizing its economy and society. Additionally, it underscores the bank group’s unwavering commitment to supporting Syria and promoting sustainable growth in the country.
Syria’s membership in the Islamic Development Bank, approved for reactivation during the Executive Directors meeting, is a vital step towards supporting the country’s reconstruction and development efforts. By reactivating Syria’s membership, the bank group is demonstrating its dedication to fostering sustainable growth and development in Syria.
The decision to reactivate Syria’s membership in the Islamic Development Bank demonstrates the bank group’s unwavering commitment to supporting the country’s recovery and development efforts. This decision will enable the bank group to provide essential support to Syria as it continues to rebuild and revitalize its economy and society. Additionally, it will contribute to enhancing social and economic development in the country, underscoring the bank group’s dedication to supporting Syria’s sustainable growth.
During their meeting today, the Executive Directors of the Islamic Development Bank approved the reactivation of Syria’s membership, a critical step towards supporting the country’s recovery and reconstruction efforts. This decision will empower the bank group to contribute to the enhancement of social and economic development in Syria, reaffirming their strong commitment to the country and its sustainable growth.
