#Latest news with #SaudiQatarSupportWashington Post16-05-2025BusinessWashington PostWorld Bank says Saudi Arabia and Qatar have paid off Syria's outstanding debtDAMASCUS, Syria — The World Bank said Friday that the $15.5 million Syria owed it has been paid off by Saudi Arabia and Qatar, clearing Damascus to take out new loans. Saudi Arabia and Qatar had announced plans last month to clear Syria's outstanding debts, a move that Syria hailed as paving the way for recovery and reconstruction after a 14-year conflict that killed half a million people and caused wide destruction in the country.
Washington Post16-05-2025BusinessWashington PostWorld Bank says Saudi Arabia and Qatar have paid off Syria's outstanding debtDAMASCUS, Syria — The World Bank said Friday that the $15.5 million Syria owed it has been paid off by Saudi Arabia and Qatar, clearing Damascus to take out new loans. Saudi Arabia and Qatar had announced plans last month to clear Syria's outstanding debts, a move that Syria hailed as paving the way for recovery and reconstruction after a 14-year conflict that killed half a million people and caused wide destruction in the country.