Saudi Arabia and Qatar announced on Sunday that they will jointly settle Syria’s outstanding debt to the World Bank, amounting to approximately $15 million.
World Bank Group president Ajay Banga © Tolani Alli/WB
Saudi Arabia and Qatar announced on Sunday that they will jointly settle Syria’s outstanding debt to the World Bank, amounting to approximately $15 million.
According to a joint statement published by Saudi Arabia’s official news agency (SPA), the finance ministries of both countries confirmed their commitment to cover Syria’s arrears.
"The Ministries of Finance of the Kingdom of Saudi Arabia and the State of Qatar jointly announce their commitment to settle Syria’s arrears to the World Bank, amounting to approximately $15 million," the statement read.
The move comes as part of broader regional efforts to support Syria’s gradual reintegration into the international community after years of isolation following its civil war.
The Syrian Liberal Party has issued a bold call for a decisive international military alliance to disarm Hezbollah and restore full stability to Lebanon, proposing that Beirut formally request assistance from the existing US-sponsored international counterterrorism coalition.
A Belgian investigating judge has issued a European arrest warrant against former Greek European Commissioner Dimitris Avramopoulos, a Greek government official said late on Monday, confirming reports in Belgian and Greek media.
A United Nations official warned on Monday that efforts to repair divisions and stabilise southern Syria have stalled nearly a year after deadly sectarian violence in a Druze-majority province shook the country.
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