US EditionSaudi Arabia plans to pay off Syria's World Bank debts, Reuters reports
- Saudi Arabia intends to pay off Syria's debts to the World Bank, which would lead to the approval of grants for reconstruction and support of Syria's public sector, according to three sources.
- Syria owes approximately $15 million to the World Bank, and payment is necessary for receiving further assistance, as reported by sources.
- Syria's finance minister, foreign minister, and central bank chief plan to attend the International Monetary Fund and World Bank meetings in Washington, marking the first high-level visit by Syria since the ousting of Bashar al-Assad.
- The United States has imposed tough sanctions on Syria, issuing conditions for partial relief.
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Syria receives millions in aid from Saudi Arabia
An infographic from the center published in Syrian media, detailed that the total number of projects implemented in Syria amounted to 370 since the beginning of its humanitarian presence, and include relief action, education, health, water and other sectors. Food security and agricultural projects topped the list with 103 projects, with a total funding volume of approximately $133 million, followed by 60 projects in the health sector, with a tot…
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Total News Sources50
Leaning Left6Leaning Right5Center9Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 30%
C 45%
R 25%
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