Overview
- Saudi Arabia and Qatar have formally pledged to pay Syria’s $15 million arrears to the World Bank, as announced in a joint statement on April 27, 2025.
- The payment enables the World Bank to resume grants and operational support in Syria, marking the end of a 14-year hiatus triggered by the 2011 conflict.
- Syria’s Foreign Ministry expressed gratitude, emphasizing the opportunity for cooperation on recovery and reconstruction efforts in the war-torn nation.
- This is the first known Gulf financial support for Syria since the overthrow of Bashar al-Assad in late 2024, reflecting shifting regional alliances.
- The move coincides with recent Western easing of sanctions, which had previously restricted international funding for Syria’s estimated $400 billion reconstruction needs.