Saudi Arabia, Qatar to settle Syria’s outstanding debt to World Bank | Business and Economy News

Syria’s arrears to the World Bank total roughly $15m.

Saudi Arabia and Qatar have announced that they will settle Syria’s debt to the World Bank totalling roughly $15m, according to a statement published by the Saudi Press Agency, in the latest effort to help reverse the economic fortunes of a nation recently beset by civil war.

Both Gulf states have played a key role in the diplomatic outreach to Syria’s new interim government since the ouster of longtime leader President Bashar…