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Saudi Arabia plans to pay off Syria's debts

2025.04.15, 15:26
Saudi Arabia plans to pay off Syria's debts

Saudi Arabia plans to pay off Syria's debts to the World Bank, paving the way for the approval of millions of dollars in grants for reconstruction and to support the country's paralysed public sector.

Gunaz.tv

This was reported by the “Reuters”.

The plans, which have not been previously reported, would be the first known instance of Saudi Arabia providing financing for Syria since Islamist-led rebels toppled former leader Bashar al-Assad last year.

A spokesperson for the Saudi Ministry of Finance told Reuters, "We do not comment on speculation, but make announcements, if and when they become official."

The Saudi government's media office, a World Bank spokesperson and a Syrian government official did not immediately respond to requests for comment.

Syria has around $15 million in arrears to the World Bank which must be paid off before the international financial institution can approve grants and provide other forms of assistance.

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