Syria, World Bank Agree to Set up Fund for Recovery and Reconstruction
9 Articles
9 Articles
Syria Explores Sovereign Bond Issuance and Launch of Infrastructure Recovery Fund
Barniya stated that the government is coordinating with the World Bank and several donor countries to create a multilateral trust fund aimed at financing early recovery and infrastructure rehabilitation. The post Syria Explores Sovereign Bond Issuance and Launch of Infrastructure Recovery Fund first appeared on The Syrian Observer.
Syria and the World Bank Group have agreed to establish a multi-donor fund to support Syria’s recovery and reconstruction, the SANA news agency reported, citing the parties’ joint statement
“The Syrian Arab Republic and the World Bank Group announced an agreement to establish the Syria Recovery and Reconstruction Trust Fund (START)," the document says. The fund is intended to provide concessional financing, investment guarantees, and...
Syria and the World Bank have agreed today to establish a multi-donor fund for Syria's recovery and reconstruction, with the Bank managing the fund and providing concessional funding, investment guarantees and technical support.
Syria and the World Bank Group agreed to establish the Trust Fund in Support of Recovery and Reconstruction in Syria (START), a multi-donor trust fund aimed at providing concessional financing, investment guarantees, technical support and capacity-building, which is one of the important tools supporting the Syrian State's efforts to achieve economic recovery and promote sustainable development on the one hand, and encourages financing and attrac…
Agreement announced on Sunday provides for concessional financing, investment guarantees and technical support for the reconstruction of the country.
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