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Home World Middle East

Saudi Arabia plans to pay off Syria's World Bank debts, sources say

14 April 2025
in Middle East
Saudi Arabia plans to pay off Syria's World Bank debts, sources say
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Saudi Arabia is planning to pay off Syria’s debts to the World Bank, which would enable the approval of millions in grants for the country’s reconstruction and to support its struggling public sector, according to sources. This initiative marks the first known instance of Saudi financing for Syria since the fall of former leader Bashar Al-Assad last year, suggesting a potential shift in Gulf Arab support for the nation. Additionally, Qatar recently proposed a plan to provide Syria with gas, amidst previous delays caused by uncertainties related to US sanctions.

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Tags: ArabiaBankdebtspayPlansSaudiSourcesSyria039sworld
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