IMF, World Bank Discuss Financial Support for Syria Amid Sanctions

International financial institutions, including the World Bank and IMF, are set to discuss renewed support for Syria at their upcoming spring meetings, with a focus on the country's economic reconstruction. A key development is Saudi Arabia's recent $15 million payment to clear Syrian arrears to the World Bank, which is expected to unlock access to grants and technical assistance for Syria's recovery efforts. Despite these positive signals, ongoing Western sanctions remain a major barrier to Syria's full reintegration into the global financial system and to securing the investments needed for sustainable development. High-level Syrian delegates, supported by UN officials, aim to negotiate economic agreements and advocate for the lifting of sanctions at these meetings. The discussions also highlight the readiness of major financial institutions to assist Syria, though progress depends heavily on political considerations and international consensus. The outcome of these talks could mark a turning point in Syria's efforts to rebuild its economy after years of conflict.