Syria, World Bank agree to establish multi-donor recovery and reconstruction fund

RIYADH: Syria and the World Bank Group have agreed to establish a multi-donor trust fund to support the country’s economic recovery and reconstruction, attract investment and encourage private-sector financing to advance sustainable development. The Syria Recovery and Reconstruction Trust Fund, known as START, will provide concessional financing, investment guarantees, technical assistance and capacity-building support, according to a statement by Syria’s Ministry of Foreign Affairs and Expatria