Infrastructure

Lebanon Seeks World Bank Loans to Boost Energy, Water Sectors

This is Beirut, 16/05 18:50 - Reading : less than a minute

Lebanon Energy Water Infrastructure Loan World Bank

Lebanon is advancing efforts to tackle its energy and water crises by activating two major loans from the World Bank. Finance Minister Yassine Jaber announced that the Council of Ministers has approved Decree No. 217, tied to a $250 million loan to develop renewable energy and strengthen the national power grid. The project, prepared on an urgent ...

In Numbers: The Endangered Sectors

Christiane Tager, 2024-10-25 09:35 - Reading : 3 minute(s)

United Nations war infrastructure private sector

Lebanon, already grappling with severe economic and political crises, is now facing the devastating impact of the ongoing military conflict between Hezbollah and Israel. This war has plunged nearly every sector of the country into a critical state, from infrastructures, the private sector, and agriculture to energy, water, and trade. The ...

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