Syria Requests World Bank Aid
Syria's Minister of Finance, Muhammad Yusur Burnia, and Central Bank Governor, Safwat Raslan, held discussions with the President of the World Bank Group in Bangkok regarding measures to support Syria's economic recovery. The meeting focused on the progress of projects funded by the Bank, their expansion, and the resumption of financing operations following the settlement of financial dues in May 2025, amounting to $15.5 million, which restored Syria's eligibility for international funding. The two sides also discussed the opening of a Bank office in Damascus next January to strengthen cooperation, as well as a grant of $100 million to modernize the financial and banking sector, in addition to another grant of $20 million to improve public financial management, as part of efforts to rebuild the economy affected by war.
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