
Syria and World Bank agree to establish recovery and reconstruction fund
Syria and the World Bank Group have reached an agreement to establish a multi-donor trust fund to support the country's economic recovery and reconstruction efforts.
Background
Syria has faced over a decade of conflict, resulting in widespread destruction and a severe humanitarian crisis. International efforts to support recovery and reconstruction have been complex due to ongoing political divisions and sanctions. The World Bank Group is a major international financial institution providing loans and grants to countries worldwide.
Quorum · collective opinions
Syria and World Bank agree to establish recovery and reconstruction fund
First report 6h agoLast update 1h agoThe agreement is seen as a positive step towards economic recovery, attracting investment, and fostering sustainable development in Syria.
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