Saudi Arabia, Qatar to settle Syria’s outstanding debt to World Bank
aljazeera.comPublished: 4/27/2025
Summary
In a move to aid Syria's dire economic recovery, Saudi Arabia and Qatar have announced plans to settle nearly $15 million in debt owed to the World Bank. This initiative comes amid years of civil war and economic collapse in the region, with the aim of resuming the bank’s operations and helping restore stability. The announcement coincides with Syria’s central bank rejoining international financial institutions for the first time in over two decades, signaling a potential path forward for the nation's economy.