Bloomberg: Saudi Arabia and Qatar will pay the debt of Syria World Bank
Saudi Arabia and Qatar agreed to repay Syria’s debt to the World Bank to help the new authorities attract international financial support to restore the economy after the war.
Source: Bloomberg
Details: According to Bloomberg, the Gulf countries have promised to pay about $ 15 million in Syria’s debt after discussions on the future of the country at the World Bank and the IMF in the spring meetings of the World Bank and the IMF.
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They want to help the new government of President Ahmed Al-Sharaa restore the economy after the war.
However, because of the US sanctions against the regime of the former President Bashar Assad, Syria is still difficult to obtain international assistance.
The Civil War claimed the lives of more than 600,000 people, forced millions to leave their homes, and the country’s economy has fallen almost two times in 2010.
The cost of post -war recovery is estimated at $ 400 billion.
Last week, Republicans Kori Mills and Marlin Stutzman met with President Sharaa during an unofficial trip to Damascus.
The trip was organized by influential Syrian Americans. Mills told Bloomberg, which discussed from Sharaa’s possibility of partial cancellation of sanctions and should transfer his letter to Donald Trump.
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