Overview
- The World Bank announced that Syria’s $15.5 million arrears have been cleared, restoring its eligibility for reconstruction grants and loans.
- Saudi Arabia and Qatar funded the debt repayment, signaling growing regional support for Syria’s post-conflict recovery.
- The World Bank’s first project in reengagement with Syria will focus on improving electricity access, addressing critical infrastructure needs.
- U.S. President Donald Trump and Secretary of State Marco Rubio indicated plans to lift sanctions and issue Caesar Act waivers to facilitate aid and investment.
- The International Monetary Fund has appointed Ron van Rooden as Syria’s first mission chief in 14 years to assist in rebuilding financial systems and governance.