International Community Endorses New Initiative to Support Refugees, Host Communities, Recovery and Reconstruction in the Middle East and North Africa

Eight nations and the European Commission today pledged a package of more than US$1 billion — US$141 million in grants, US$1 billion in soft loans, US$500 million in guarantees – to a World Bank-led financing initiative in support of Syrian refugees and host communities in Jordan and Lebanon, as well as recovery and reconstruction across…

Investing in a more stable and prosperous Middle East

Conflict has created a regional crisis so severe in the Middle East and North Africa (MENA) that it now has global implications. The more than 15 million people displaced, as refugees and internally-displaced persons, by conflicts such as Syria’s have come to represent the highest figure for forced displacement since World War II in the…