Doha: The State of Qatar, through the Qatar Fund for Development (QFFD), and the Kingdom of Saudi Arabia, via the Saudi Fund for Development (SFD), have jointly pledged USD 89 million to support the Syrian Arab Republic. This financial grant is earmarked for aiding public sector workers in Syria over the next three months, helping to ensure the continuation of essential services and bolster budget allocations.
According to Qatar News Agency, the initiative aims to enhance sustainable livelihood opportunities and drive comprehensive economic recovery in Syria, in collaboration with the United Nations Development Programme (UNDP). The QFFD emphasized that this funding seeks to strengthen sustainability efforts, improve financial sector inclusiveness, and promote sustainable development across the region.
Fahad bin Hamad Al Sulaiti, Director General of QFFD, highlighted that this initiative reflects a shared vision to boost the stability and resilience of the Syrian people. He remarked that investing in basic services is both a pressing humanitarian requirement and a strategic investment in long-term sustainable development. The goal is to preserve human dignity and lay the groundwork for peace and prosperity.
This significant funding is crucial for advancing the development process in Syria, providing vital growth opportunities for the Syrian population. It represents international cooperation and solidarity in achieving the Sustainable Development Goals, ultimately enhancing social growth and economic prosperity.