Central bank of Syria receives $100 million grant from World Bank Group to build an advanced financial sector.

The entities involved

• Syria →

  country in West Asia

  • VIU program sponsors refugees from Syria, South Sudan, and Somalia, while the student union disputes funding cuts.05:32
  • Syria and Saudi Arabia discussed bilateral economic partnerships.02:04
• central bank →

  public institution that manages a state's currency, money supply, and interest rates

  • The Central Bank of Brazil set the Selic rate based on inflation data while the presidential runoff continues.00:32
  • The central bank advises the government on budget priorities and discusses its view on fiscal policy.Tue 18:16
• World Bank Group →

  group of five international organizations that make leveraged loans to developing countries

  • Cabinet approved signing financial agreements.03:34
  • The World Bank Group assessed financial inclusion limits on national growth in Liberia.Tue 08:39

Related events

• Seeking foreign capital to expand the banking sector of the Central Bank of Syria.Sep 27
• Syria is seeking global financial reintegration, discussing investment and membership with J.P. Morgan, AIIB, and the World Bank.Oct 17
• The World Bank Group is involved in financing various development projects for a country in collaboration with its government.Jul 7
• Ahmed al-Sharaa was appointed chairman of a sovereign wealth fund in Syria.Oct 18
• Syria seeks cooperation with the IMF and World Bank Group during their annual meetings in Bangkok.Oct 11