Syria and the World Bank Group have agreed to establish a multi-donor trust fund aimed at supporting the country's economic recovery and reconstruction, attracting investment and encouraging private-sector financing to advance sustainable development.
The fund, named the Syria Recovery and Reconstruction Trust Fund and known as START, will provide concessional financing, investment guarantees, technical assistance and capacity-building support. The details were set out in a statement by Syria's Ministry of Foreign Affairs and Expatriates.