22 Hrs
Source:
عين ليبيا
Source: عين ليبيا
22 Hrsعين ليبيا
Source: عين ليبيا
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The Board of Executive Directors of the World Bank has approved a grant of $100 million from the International Development Association to support the modernization of Syria's financial sector. The project aims to develop payment infrastructure and financial markets, rehabilitate the banking sector, and enhance financial oversight and stability. It also seeks to improve cybersecurity systems and measures to combat money laundering and terrorist financing. The funding focuses on enabling approximately 15 million electronic transactions annually and supporting around 500,000 individuals and businesses, including 150,000 women, to promote financial inclusion and digital services. The overall goal is to strengthen economic stability and better connect Syria to international financial channels, particularly in light of the challenges faced after many years of conflict.
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