Saudi Arabia and Qatar to repay Syria’s debts to World Bank

Saudi Arabia, Qatar give reason for settling Syria’s World Bank debt

Saudi Arabia and Qatar have explained the reason they agreed to clear Syria’s debt to the World Bank, amounting to around $15 million, according to a statement published by the Saudi Press Agency. The countries noted that the move is aimed at helping reverse the economic fortunes of a nation beset by years of war. Both Gulf states have played a key role in the diplomatic outreach to Syria’s new interim government since the ouster of longtime lea…

Saudi Arabia and Qatar step up to help Syria repay World Bank debt

According to a joint statement from the finance ministries of Saudi Arabia and Qatar, the World Bank and IMF decided to settle Syria's approximately $15 million debt to the World Bank during this month's meetings in Washington

Saudi Arabia, Qatar to pay back Syria's debt to World Bank

Since the fall of Bashar Assad's government in early December, Saudi Arabia and Qatar have been main backers of the country's new leadership.

Saudi Arabia and Qatar to pay back Syria's debt to the World Bank

Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding debt to the World Bank, a move likely to make the international institution resume its support to the war-torn country.

Syria and Qatar to pay back Syria's debt to the World Bank

Saudi Arabia and Qatar say they will pay Syria’s outstanding debt to the World Bank, a move that is likely to make the international institution resume its support to the war-torn country

Saudi Arabia, Qatar to settle Syria’s outstanding debt to World Bank

Syria’s arrears to the World Bank total roughly $15m.