This is Beirut, 29/08 18:50 - Reading : 2 minute(s)
Nawaf Salam Hezbollah Israel World Bank
Prime Minister Nawaf Salam announced on Friday that the Lebanese government was moving forward with the plan to disarm Hezbollah. He stressed that Lebanon’s fragile state institutions and army will require significant international support to implement the plan successfully. Salam highlighted the urgent financial needs of the country, citing ...
This is Beirut, 26/08 16:40 - Reading : 1 minute(s)
Banks United Nations lebanon Yassin Jaber Fayez Rassamni World Bank Israel Joe Saddi
Lebanon signed a $250 million loan agreement with the World Bank on Tuesday to begin repairing infrastructure damaged by Israeli airstrikes since October 2023, marking the first step in a broader reconstruction effort. Finance Minister Yassine Jaber signed the deal with World Bank regional director Jean-Christophe Carret in Beirut, in a ceremony ...
This is Beirut, 25/08 19:45 - Reading : 2 minute(s)
Lebanon Reconstruction Nawaf Salam World Bank
The Ministerial Committee for Reconstruction and Economic Recovery, chaired by Prime Minister Nawaf Salam, met on Monday at the Grand Serail with Finance Minister Yassine Jaber, Energy and Water Minister Joe Saddi, Social Affairs Minister Haneen Sayed, Telecommunications Minister Charles Hage, Public Works and Transport Minister Fayez Rasamny and ...
This is Beirut, 02/07 17:55 - Reading : less than a minute
Banks World Bank lebanon Enrique Blanco Armas
The World Bank has named Enrique Blanco Armas as its new Country Manager for Lebanon, the institution announced on Wednesday. Based in Beirut, Blanco Armas will lead and unify the World Bank Group’s efforts across its various arms, IBRD, IDA, IFC and MIGA, aimed at supporting Lebanon’s recovery and development. Previously a manager at the ...
This is Beirut, 24/06 21:20 - Reading : 2 minute(s)
Banks Nizar Hani lebanon GATE World Bank
In a move described as a “decisive step toward economic recovery and food security,” joint parliamentary committees on Tuesday approved a bill allowing Lebanon to sign a $200 million loan agreement with the World Bank (WB) to fund the Green Agri-Food Transformation for Economic Recovery (GATE) program. Backed by the Ministry of ...
This is Beirut, 23/06 15:40 - Reading : 1 minute(s)
Lebanon Parliament World Bank military grants agriculture
A joint parliamentary committee approved a draft law on Monday to open an additional credit line in the 2025 state budget, allocating monthly financial grants to military personnel. Under the proposed law, active-duty soldiers will receive LBP 14 million per month, while retired military personnel will receive LBP 12 million. Payments are ...
This is Beirut, 20/06 17:05 - Reading : 1 minute(s)
Lebanon Finance Ministry World Bank Lebanon Financing Facility
Lebanon has just secured $6 million in aid to strengthen its tax and land systems. This grant, obtained through the Lebanon Financing Facility (LFF), aims to support the Ministry of Finance's reform and digital transformation efforts. Established in January 2020 following the Beirut port explosion, the LFF brings together representatives from ...
This is Beirut, 19/06 19:10 - Reading : 2 minute(s)
Banks Middle East World bank Lebanon
The World Bank forecasts real GDP growth of 4.7% for Lebanon in 2025, driven by a recovery in tourism, moderate growth in consumption and the beginnings of renewed confidence, despite persistently weak private investment. This hoped-for rebound is based on the implementation of a one-year multisectoral action plan designed to accelerate ...
This is Beirut, 28/05 20:55 - Reading : 2 minute(s)
Banks Los Angeles Yassin Jaber Jean-Christophe Carret World Bank
In a bid to accelerate Lebanon’s post-war recovery, Finance Minister Yassine Jaber met with Jean-Christophe Carret, the World Bank’s Regional Director, on Wednesday to discuss the imminent launch of the Lebanon Emergency Assistance Project (LEAP), a reconstruction initiative designed to channel international aid into rebuilding efforts through ...
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 ...
This is Beirut, 16/05 17:35 - Reading : 1 minute(s)
Syria World Bank Qatar Saudi Arabia
The World Bank on Friday said it would restart operations in Syria following a 14-year pause, after Saudi Arabia and Qatar had paid off the country's outstanding debts. The Bank's operations in Syria were halted when the civil war broke out in 2011, preventing the country from gaining access to its development loans, grants, and technical ...
Bassam Abou Zeid, 26/04 18:40 - Reading : 2 minute(s)
Hezbollah International Monetary Fund Qard al-Hassan World Bank Lebanon US treasury
Combating the financing of terrorism was a central topic for the official Lebanese delegation at the Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington. The most significant discussions were held with US Treasury Department officials, particularly involving Finance Minister Yassine Jaber and Central Bank ...