Saudi Arabia pledges $100m to help stabilize Syria’s northeast

Aleppo in northeast Syria suffered extensive destruction while occupied by Daesh. (AFP)
Updated 18 August 2018
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Saudi Arabia pledges $100m to help stabilize Syria’s northeast

  • United States, which leads the anti-Daesh coalition, expressed its  thanks for the funds
  • The money will help ensure the militants cannot re-emerge as a threat

RIYADH: Saudi Arabia has contributed $100 million to help reconstruct areas of north-eastern Syria formerly held by Daesh.

The Kingdom said the contribution would go toward a campaign by the Global Coalition to Defeat ISIS to “stabilize” the former Daesh bastion and help ensure the militants cannot re-emerge as a threat.

The United States, which leads the coalition, expressed its  thanks and appreciation to Riyadh.

“This significant contribution is critical to stabilization and early recovery efforts,” a State Department spokeswoman said. “Saudi Arabia has been a leading partner in the Global Coalition to Defeat ISIS from the outset.”

The funds are the biggest single financial  contribution yet for reconstruction efforts in areas formerly controlled by the extremists.

The money would “save lives, help facilitate the return of displaced Syrians, and help ensure that Daesh cannot reemerge to threaten Syria, its neighbors, or plan attacks against the international community,” the Saudi Embassy in Washington said.

The contribution aims to support “stabilization projects” and “will play a critical role in the coalition’s efforts to revitalize communities, such as Raqqa, that have been devastated by Daesh terrorists.”

The statement said the money showed Saudi Arabia’s continued commitment to serve as a stabilizing force in the region.

The funds, part of a pledge made by Foreign Minister Adel Al-Jubeir last month, will go towards projects to restore essential services in the areas of health, agriculture, electricity, water, education, and transportation.

The United Nations has said reconstruction in Syria would cost at least $250 billion. The Daesh takeover of large areas of territory in Syria and Iraq in 2014 led to huge levels of destruction. 

A conference on the reconstruction of Iraq held in Kuwait in February raised $30 billion in funding commitment. Saudi Arabia said at the event it would contribute $1.5 billion in financial and reconstruction support. 

Saudi Arabia also hosted the founding conference for the coalition in Jeddah in September 2014, and soon after flew the first air missions to bomb Daesh targets in Syria.


Germany to provide $115 million for Iraq, Syria development

€10 million is being allocated to restore basic services to the Syrian provinces of Raqqa and Deir Ezzor. (AP/File)
Updated 17 min 14 sec ago
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Germany to provide $115 million for Iraq, Syria development

  • €90 million would be made available through the UN’s Funding Facility for Stabilization for Iraq

BERLIN: Germany says it will provide €100 million ($115 million) in development aid to Iraq and Syria to help rebuild areas once occupied by the Daesh.
The Foreign and Development Ministries said Wednesday €90 million would be made available through the UN’s Funding Facility for Stabilization for Iraq to restore electrical grids, water and sewer projects, street and bridge repairs and other infrastructure efforts.
Another €10 million is being allocated to restore basic services to the Syrian provinces of Raqqa and Deir Ezzor, which are not under the Assad regime’s control.
Since 2015, Germany has taken in more than 1 million refugees, many from Iraq and Syria, and the ministries say part of their goal is to help stabilize the areas so that people can return.