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Syria and the World Bank have announced their agreement to establish a multi-donor trust fund to support recovery and reconstruction efforts in Syria. The goal is to provide affordable financing, investment guarantees, technical assistance, and to stimulate private sector funding. The fund aims to coordinate international aid and accelerate the reconstruction process, focusing on efficiently directing resources toward recovery priorities. It is estimated that the cost of reconstruction is around $216 billion, with direct material losses amounting to $108 billion, including buildings and infrastructure. It is also anticipated that the provinces of Aleppo and Rural Damascus will require the largest investments.
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