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.
War crimes were likely committed by members of interim government forces as well as by fighters loyal to Syria's former rulers during an outbreak of sectarian violence in Syria's coastal areas that culminated in a series of March massacres, a U.N. team of investigators found in a report on Thursday.
Turkey will help Syria with the provision of weapons systems and logistical tools under a military cooperation accord signed on Wednesday, a Turkish defence Ministry source said on Thursday, adding that Ankara would also train Syria's army in the use of such equipment if needed.
The Kurdish YPG militia, which spearheads the U.S.-backed Syrian Democratic Forces (SDF), should stop "playing for time" and abide by its integration agreement with the Syrian government, Turkey's Foreign Minister Hakan Fidan said on Wednesday.
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