Hyderabad, April 16 -- The Kingdom of Saudi Arabia (KSA)is planning to settle Syria's outstanding debt to the World Bank-estimated at approximately 15 million USD-as part of efforts to support the war-torn nation following years of unrest since 2011.
According to three sources cited by Reuters on Monday, April 14, the initiative is expected to unlock millions in international grants for reconstruction and provide much-needed support to Syria's struggling public sector.
This financial gesture, which has not yet been officially announced, would mark Saudi Arabia's first direct economic initiative for Syria since the ousting of Bashar al-Assad's regime in December 2024.
A spokesperson for the Saudi Ministry of Finance declined to confirm ...
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