World Bank's $146 Million Aid Boosts Syria's Power
The World Bank has sanctioned a $146 million grant to aid Syria in restoring its electricity sector. With a war-torn infrastructure, this funding aims to revitalize the power grid, alleviate electricity shortages, and aid Syria's economic recovery after years of conflict and lack of resources.

- Country:
- United Arab Emirates
The World Bank announced on Wednesday that it approved a $146 million grant to assist Syria in restoring reliable and affordable electricity, a crucial move as the nation aims for economic recovery.
Syria's electricity sector is in disrepair, with significant damage to the grid and power stations stemming from 14 years of conflict. The aging infrastructure has been compounded by persistent fuel shortages.
This financial aid aims to revitalize the power sector, addressing the dire need for stable electricity supply, which is critical for Syria's ongoing recovery efforts.
(With inputs from agencies.)
Advertisement
ALSO READ
Colombian Senator's Battle: A Journey Towards Recovery
Manipur's Road to Development: Infrastructure Transforming Lives
Adani Group: Pioneering India's Infrastructure Renaissance
Balancing Act: India and China in the Asian Infrastructure Investment Bank
Uttar Pradesh's Infrastructure Boom: New Bridges and Better Connectivity