SAUDI ARABIA PLANS TO PAY OFF SYRIA'S WORLD BANK DEBTS

Saudi Arabia plans to pay off Syria's debts to the World Bank, paving the way for the approval of millions of dollars in grants for reconstruction and to support the country's paralysed public sector.

The plans, which have not been previously reported, would be the first known instance of Saudi Arabia providing financing for Syria since Islamist-led rebels toppled former leader Bashar al-Assad last year.

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