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Syria and the World Bank Group have agreed to establish a multi-donor trust fund to support recovery and reconstruction in Syria, with the aim of mobilizing international funding and coordinating the contributions of development partners. The World Bank will manage the fund (START) in collaboration with donors, to provide concessional financing, investment guarantees, technical assistance, and to promote reforms and economic recovery. The fund will support development services including facilitating private investments and achieving measurable results, with the backing of development partners from the Arab region, the European Union, and the United States, to support reconstruction efforts in Syria.
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