Arrears were cleared after Saudi Arabia and Qatar paid off country’s $15.5M debt to institution, World Bank says - Anadolu ...

“We are pleased that the clearance of Syria’s arrears will allow the World Bank Group to reengage with the country and address the development needs of the Syrian people,” the bank said. “After years ...

The World Bank said Friday that the $15.5 million Syria owed it has been paid off by Saudi Arabia and Qatar, clearing Damascus to take out new loans.

As the US considers lifting sanctions on Syria, Lebanon sees both risk and opportunity. President Joseph Aoun eyes regional trade, refugee returns and economic recovery amid shifting alliances.