LBCI

World Bank says Syria arrears cleared; country eligible for new loans

Middle East News

16-05-2025 | 09:38

Share

Share

World Bank says Syria arrears cleared; country eligible for new loans

The World Bank on Friday said it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi Arabia and Qatar, making the country eligible to apply for millions of dollars in grants for reconstruction and budget support.

Saudi Arabia and Qatar announced in April that they would cover Syria's arrears with the multilateral development bank, which will make it eligible for new grant programs, subject to the bank's operational policies.

As of May 12, Syria has no outstanding balances with the International Development Association, the bank's fund for the poorest countries, the World Bank said.

Reuters

Middle East News

World Bank

Syria

Loans

Saudi Arabia

Qatar

Next

Syria and DP World ink $800 million deal for port development

Israeli army says intercepts missile from Yemen after air raid sirens sound

Previous

Recommended For You

Israeli army says lacks over 10,000 soldiers including around 6,000 combat soldiers

Middle East News

12:41

Israeli army says lacks over 10,000 soldiers including around 6,000 combat soldiers

Three Iranians in UK court accused of assisting Tehran spy service

Middle East News

11:25

Three Iranians in UK court accused of assisting Tehran spy service

US issues new Iran-related sanctions: Treasury

Middle East News

11:12

US issues new Iran-related sanctions: Treasury

Israeli army issues evacuation warning for parts of Gaza City

Israel-Gaza War Updates

08:54

Israeli army issues evacuation warning for parts of Gaza City

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Saudi Ambassador meets Lebanese Finance Minister to discuss economic reforms and investment ties

2025-05-27

Saudi Ambassador meets Lebanese Finance Minister to discuss economic reforms and investment ties

Ukraine team headed to US 'this week' for minerals deal talks

2025-04-07

Ukraine team headed to US 'this week' for minerals deal talks

Lebanon elected to UN Economic and Social Council for 2026–2028 term

2025-06-05

Lebanon elected to UN Economic and Social Council for 2026–2028 term

Israeli artillery targets outskirts of Wazzani, South Lebanon: NNA

2025-06-05

Israeli artillery targets outskirts of Wazzani, South Lebanon: NNA

Videos

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

2025-06-04

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

2025-05-19

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

2025-05-15

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

Kuwait rolls out official welcome for Lebanon's President Aoun – video

2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

News Bulletin Reports

2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

2025-04-23

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust

2025-04-08

Morgan Ortagus urges Lebanon to pass banking reforms to restore financial trust

LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript

2025-04-06

LBCI Exclusive: US envoy Morgan Ortagus reveals US vision for Lebanon’s stability and disarmament – full interview transcript

Most read

24 hours

7 days

Month

Israel directly warns Lebanese president as tensions soar after Beirut strikes

1

Israel directly warns Lebanese president as tensions soar after Beirut strikes

Israeli airstrikes leave widespread destruction in Beirut's southern suburbs: Initial damage assessment

2

Israeli airstrikes leave widespread destruction in Beirut's southern suburbs: Initial damage assessment

Lebanese Army condemns Israeli strikes, warns of reassessing coordination with ceasefire committee

3

Lebanese Army condemns Israeli strikes, warns of reassessing coordination with ceasefire committee

Aftermath of a deadly night: Israeli airstrikes shatter quiet in Beirut

4

Aftermath of a deadly night: Israeli airstrikes shatter quiet in Beirut

Eid al-Adha under fire: Israel's Beirut strikes seen as signal to Washington

5

Eid al-Adha under fire: Israel's Beirut strikes seen as signal to Washington

Lebanese military official to AFP: Israel blocked army from inspecting Beirut site before strike

6

Lebanese military official to AFP: Israel blocked army from inspecting Beirut site before strike

France urges Israel to withdraw from Lebanese territory

7

France urges Israel to withdraw from Lebanese territory

Lebanese Army fills Israeli-dug trench in South Lebanon's Meiss El Jabal in coordination with UNIFIL

8

Lebanese Army fills Israeli-dug trench in South Lebanon's Meiss El Jabal in coordination with UNIFIL

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More