WorldThe Syria Financial Sector Modernisation Project will support investments that will help make financial transactions safer, faster, and more transparent. The project will help make payments safer and more efficient, strengthen financial integrity, and lay critical groundwork to enable the financial sector to better serve households and businesses. Picture credit: WAMWashington: The World Bank Board of Executive Directors has approved a $100 million grant from the International Development Association (IDA) to support Syria in building the foundations of a modern, secure, and digitally-enabled financial sector. The Syria Financial Sector Modernisation Project will support investments that will help make financial transactions safer, faster, and more transparent, while creating conditions for better access to financial services, according to a WB statement. The project will help make payments safer and more efficient, strengthen financial integrity, and lay critical groundwork to enable the financial sector to better serve households and businesses, added the statement.