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Saudi Arabia and Qatar will repay Syria’s debt to VB

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Syria’s main obstacle is supported by international financial organizations remain penalties imposed by the United States.

Saudi Arabia and Qatar said they would repay Syria’s debt to the World Bank for $ 15 million so the country could receive funds for post -war recovery and money for wages to public sector workers. On Sunday, April 27, Financial Times and Bloomberg.

FT noted that in recent months, Saudi Arabia and its neighbors from Gulf countries have increased Syria’s humanitarian aid, but the debt repayment plan is the first ER-Riyad financing.

“Qatar and Saudi Arabia are trying to strengthen their influence on the region,” the publication explained.

Meanwhile, the head of the Central Bank and the Syrian finance minister this week for the first time for two decades attended the World Bank’s meetings and the International Monetary Fund in Washington.

IMF officials and the World Bank have emphasized that Syrian authorities should provide proven economic data and continue the work of the central bank.

Journalists now note that the cost of restoring the country is approximately $ 400 billion.

Meanwhile, Ukraine and a group of creditors, led by the fence funds, cannot agree with the conditions of repairing the debt for $ 2.6 billion. The trunts of this GDP are tied to economic growth.

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Source: korrespondent

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