Saudi Arabia and Qatar have announced they will jointly pay off Syria's outstanding $15 million debt to the World Bank. This move is expected to unlock access to crucial funding for Syria, which has been struggling to rebuild after years of civil war. The debt repayment will allow the World Bank to approve grants for reconstruction projects and support the country's public sector, which has been paralyzed by conflict and economic hardship. The decision was made during recent meetings in Washington involving the World Bank and IMF. This marks a significant step in regional efforts to help stabilize and rebuild Syria's economy.
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Saudi Arabia and Qatar to repay Syria’s debts to World Bank
Saudi Arabia and Qatar have said they will settle Syria’s outstanding debt to the World Bank, in a step that will help the war-ravaged country access funding for postwar reconstruction and public-sector salaries.
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Saudi Arabia, Qatar To Settle Syria's $15 Million World Bank Debt: Report
Saudi Arabia and Qatar announced on Sunday that they would settle Syria's debt to the World Bank totalling roughly $15 million, according to a statement published by the Saudi Press Agency.
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Saudi Arabia, Qatar to settle Syria’s World Bank debt
Saudi Arabia and Qatar announced on Sunday that they would settle Syria’s debt to the World Bank totalling roughly $15 million, according to a statement published by the Saudi Press Agency. Both Gulf
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