Saudi and Qatari payments settle Syria’s arrears, allowing World Bank and IMF to re-engage.
The World Bank says it will restart operations in Syria following a 14-year pause after the country cleared more than $15m of debt with financial backing from Saudi Arabia and Qatar.
The United States-based institution announced on Friday that Syria no longer has outstanding obligations to the International Development Association (IDA), its fund dedicated to low-income countries.
Earlier this week,…
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News Source: www.aljazeera.com
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