US EditionSaudi Arabia plans to pay off Syria's World Bank debts, Reuters reports
- Saudi Arabia plans to pay off Syria's $15 million World Bank debts, facilitating millions in grants for reconstruction, according to three people familiar with the matter.
- A high-level Syrian delegation, including Finance Minister Mohammed Yosr Bernieh and other officials, plans to attend the IMF and World Bank meetings in Washington, D.C., marking their first high-level visit in two decades, according to sources familiar with the plans.
- The World Bank has discussed providing funding to help rebuild Syria's damaged power grid and support public sector salaries, according to two sources.
- U.S. Sanctions remain in place, with the U.S. Giving Syria a list of conditions for partial sanctions relief, following limited engagement by the Trump administration, as reported by diplomats and U.S. Sources.
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Exclusive: Saudi Arabia plans to pay off Syria's World Bank debts, sources say
Saudi Arabia plans to pay off Syria's debts to the World Bank, three people familiar with the matter said, paving the way for the approval of millions of dollars in grants for reconstruction and to support the country's paralysed public sector.
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Total News Sources36
Leaning Left4Leaning Right4Center9Last UpdatedBias Distribution53% Center
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- 53% of the sources are Center
53% Center
L 24%
C 53%
R 24%
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