The Saudi Press Agency announced that the country’s goal is “to support and accelerate the pace of economic recovery of the sister Republic.” Syria has been governed by new authorities since late last year, who took control of the capital and ousted former president Bashar al-Assad.
Syria’s transitional president and ‘jihadist’ leader, Ahmed Ahmed al-Charah, has been collaborating with the international community to address the critical economic situation in a country ravaged by 14 years of civil war.
The agreement also paves the way for Syria to receive World Bank funds in the near future.
Additionally, in the same statement, Saudi Arabia and Qatar urge international and regional financial institutions “to quickly resume and expand their development work in Syria” to foster stability and prosperity in the region.
