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.
Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow is deeply concerned by what he said was ethnic cleansing being carried out by "radical militant groups" in Syria.
Syria's leadership approved the handover of the belongings of long-dead spy Eli Cohen to Israel in a bid to ease Israeli hostility and show goodwill to U.S. President Donald Trump, three sources told Reuters.
Syria and Jordan took a major step toward deepening bilateral cooperation on Tuesday with the signing of a memorandum of understanding (MoU) to formally establish and activate the Higher Coordination Council, a strategic body aimed at advancing joint interests in energy, water, and regional development.
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