Syria Seeks USD 1 Billion in World Bank Grants

Syria Seeks USD 1 Billion in World Bank Grants

Syria is pursuing a $1 billion grant package from the World Bank, marking a significant step in its reintegration into the global financial system. For the first time in over a decade, Syria participated in the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, D.C., led by Finance Minister Mohammed Barnieh and Central Bank of Syria Governor Abdul Qader al-Husariya. The delegation’s presence reflects growing i…

Syria Seeks $1 Billion in Grants from World Bank

Syria is negotiating with the World Bank to secure approximately $1 billion in grants aimed at financing development projects over the next three years, according to Syrian Finance Minister Mohammad Yasir Bernieh.