SAUDI ARABIA

IsDB approves reactivation of Syria's membership

March 17, 2025
The Islamic Development Bank emphasized its strong commitment to supporting Syria and promoting sustainable growth.
The Islamic Development Bank emphasized its strong commitment to supporting Syria and promoting sustainable growth.

Saudi Gazette report

JEDDAH — The Islamic Development Bank's (IsDB) Board of Executive Directors has approved the reactivation of the Syria’s membership during its meeting on Sunday. The reactivation of Syria's membership in the IsDB Group is a significant step that will enable the group to support recovery and reconstruction efforts and contribute to enhancing the country's social and economic development.


Syria joined the IsDB in September 1975 but it was suspended from the bank following the outbreak of civil war in 2012. By the end of December 2024, the bank's total contributions in Syria amounted to approximately $632 million. The IsDB Group emphasized its strong commitment to supporting Syria and promoting sustainable growth.


March 17, 2025
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