The Kingdom of Saudi Arabia and the State of Qatar have announced a joint commitment to settle Syria’s outstanding arrears to the World Bank Group, totaling approximately USD 15 million. This announcement follows discussions held during the High-level Roundtable on Syria at the 2025 WBG/IMF Spring Meetings.
This financial commitment is expected to enable the World Bank Group to resume its support and operations in Syria after a suspension lasting over fourteen years. The move will also facilitate Syria’s access to financial support for developing critical sectors, alongside technical assistance aimed at institutional rebuilding, capacity development, and policy reform.
Both nations are urging international and regional financial institutions to quickly resume and expand their development activities in Syria. They emphasize aligning efforts with institutional mandates to improve living conditions for Syrians, aiming for a future characterized by opportunity and well-being that contributes to regional stability and prosperity.
