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World Bank Unlocks Over $1.3 Billion for Iraq, Syria, and Lebanon

World Bank Unlocks Over $1.3 Billion for Iraq, Syria, and Lebanon

Taarek Refaat
In a region long defined by conflict, resilience, and the struggle to rebuild, a powerful signal of international support has emerged. The World Bank has approved a sweeping $1.3 billion funding package for three nations—Iraq, Syria, and Lebanon—each facing different, yet deeply intertwined challenges.
This isn't just about money. It's about a long-awaited recognition: that healing nations require more than political promises—they need power grids, functioning railways, and cleared streets. They need to be rebuilt from the foundation up.
Syria
For Syria, the approval of a $146 million grant marks a small but vital lifeline. After more than 14 years of war, the country's power sector is nearly unrecognizable—shattered substations, collapsed transmission lines, and a crippling shortage of fuel have made daily life unbearable for millions.
The World Bank's grant will be directed toward rebuilding electricity networks, enabling more Syrians to access reliable, affordable power. But more than that—it's about reclaiming normalcy, neighborhood by neighborhood.
This move also carries symbolic weight: an international acknowledgment that Syria's recovery must begin, and the power to rebuild must not remain in the dark.
Iraq: Rails Toward a New Economy
In Iraq, the story is one of potential and pressure. With a $930 million investment, the World Bank is betting on the revival of Iraq's railway system—not just to move cargo, but to move the country forward.
This is the largest portion of the funding package, and for good reason. Efficient, modern transport links are the backbone of trade and employment, and Iraq's railways have long been neglected.
If implemented wisely, this project could:
Reduce dependency on oil
Create thousands of jobs
Enhance national trade routes
And re-connect isolated regions to Iraq's urban centers
In a region where roads often divide, rails might unite.
Lebanon
Few countries have endured as many layers of crisis as Lebanon. Economic collapse, political paralysis, and the devastating 2020 Beirut explosion have all left deep scars.
The $250 million allocated to Lebanon will target infrastructure repair and debris removal in war-affected and neglected areas. The goal isn't just to restore roads and water systems—it's to begin healing the invisible damage: the loss of trust, the erosion of public services, the despair in everyday life.
By rebuilding the physical spaces of Lebanon, there's hope that a new social contract might emerge—one where the state shows up, and people begin to believe again.
More Than Funding
These projects won't solve everything. But they do represent something rare and needed: a coordinated investment in recovery, not just emergency aid.
The World Bank's decisions suggest a turning point—perhaps the start of a more serious international effort to help the region not just survive, but stand on its own feet again.
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