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“We are pleased that the clearance of Syria’s arrears will allow the World Bank Group to reengage with the country and address the development needs of the Syrian people,” the bank said. “After years ...
In a major move that could reshape Syria’s future, the World Bank announced on Friday that Syria’s outstanding debt of $15.5 million has been fully paid off. But this payment didn’t come ...
Syria will need “substantial international” support for its efforts to rehabilitate the economy, meet urgent humanitarian ...
The World Bank says that the $15.5 million Syria owed it has been paid off by Saudi Arabia and Qatar, clearing Damascus to take out new loans. Saudi Arabia and Qatar had announced plans last month ...
Qatar reiterated its commitment on Tuesday to supplying Syria with electricity, settling its debts to the World Bank, and ...
Al-Sharaa's speech at the UN is expected to be a turning point in relations with the West, with Saudi Arabia prompting a ...
The World Bank says it will restart operations in Syria following a 14-year pause after the country cleared more than $15m of debt with financial backing from Saudi Arabia and Qatar. The United ...
Syria needs international support for economic recovery, humanitarian aid, and infrastructure rebuilding following years of ...
WASHINGTON - The World Bank said on Friday it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi Arabia and Qatar, making the country eligible for millions ...
Despite the challenges ahead, the IMF said it is developing a roadmap for Syria’s policy and capacity building priorities for ...