Syrian delays to the World Bank total approximately $ 15 million.
Saudi Arabia and Qatar have announced that they will liquidate Syria’s debt with the World Bank for a total of approximately $ 15 million, according to a statement published by the Saudi press agency, in the last effort of Beshet Bealth the economic fortune.
Both states of the Gulf have played a key role in diplomatic dissemination to the new interim government of Syria since the leader of the leader of leader Bashar al-Assad in December.
“The finance mines in the kingdom of Saudi Arabia and the state of Qatar jointly announce their commitment to liquidate the pending arrears of Syria to the World Bank group, total around $ 15 million,” said the statement on Sunday.
The statement occurred a few days after the governor and finance minister of the Central Bank of Syria attended the International Monetary Fund and the World Bank Spring Meeting for the first time in more than 20 years.
The World Bank had been suspended operations in Syria when the civil war in the country. The agreement of your arrears will allow you to resume access to financial support and the technical advice of the Bank.
“This commitment will pave the way for the World Bank group to resume support and operations in Syria after a suspension of more than 14 years,” said the Saudi statement.
“Syria’s access will also unlock the financial support in the short term for the development of critical sectors.”
Much of Syria’s infrastructure has destroyed bone in almost 14 years of ruinous civil war, which is with a bloody gap against prinemocratic protests that verify Arab spring in 2011.
Al-Assad was expelled in an offensive of rays for rebels led by Islamists last December, and the new Government of Syria has tried to rebuild the diplomatic ties of the country, even with international financial institutions.
Syrian authorities have the rich Arab states of the Gulf to play a fundamental role in the financing of the reconstruction of their nation devastated by war and relive its economy.
The government led by the interim president Ahmed al-Sharaa also wants to transition from the corrupt system that gave the privileged access of Al-Assad Lealist to government contracts and kept the key indies in the hands of the Al-Assad family.
Earlier this month, a United Nations official said that Syrian authorities should begin the economic recovery process, without waiting for western sanctions imposed under the Al-Assad rule.
