Saudi Arabia and Qatar have collaborated to pay off Syria's $15 million debt to the World Bank, which could unlock significant financial aid for the war-torn nation. This payment allows the World Bank to resume its support, enabling the new Syrian government to access crucial funds for rebuilding efforts. The Syrian government has expressed gratitude, emphasizing potential cooperation with international institutions to aid recovery. However, Syria's economy remains in dire straits, with extreme poverty levels and high unemployment plaguing the population as they struggle to cope with the effects of an enduring civil conflict.
Saudi Arabia and Qatar's joint payment of $15 million to Syria's World Bank debt aims to enable reconstruction efforts after a long civil conflict.
The Syrian government expressed gratitude for the financial support, hoping for improved cooperation with international institutions for recovery and reconstruction.
The economic situation remains dire, with over 90% of Syrians living in poverty while the new government struggles to stabilize the economy after the war.
Faced with severe economic challenges, the Syrian people endure long bank lines and rising unemployment, indicative of instability even post-conflict.
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