WorldBank

Cabinet Session Wednesday on Energy, Technology, and Beirut Port Recovery

The Cabinet will convene on Wednesday at the Grand Serail to debate a set of high-impact national issues, with a major focus on securing international financing and advancing critical infrastructure projects. At the forefront is a $250 million loan agreement with the World Bank to fund the Renewable Energy and Power System Enhancement Project. ...

Joe Saddi Seeks US Support to Reform Lebanon’s Energy Sector

Lebanon’s Minister of Energy and Water, Joe Saddi, is on an official visit to Washington, where he has held a series of high-level meetings with United States officials and World Bank representatives in a bid to secure international backing for Lebanon’s ailing energy sector. Saddi met with Laura Lochman, the Deputy Assistant Secretary for ...

Jaber: $150 Million Loan to Modernize Lebanon’s Administration

Finance Minister Yassine Jaber announced on Tuesday that Lebanon is in advanced talks with the World Bank for a $150 million loan aimed at modernizing the country’s public administration. The loan would fund a comprehensive digital transformation across ministries and state institutions, improving service delivery, increasing transparency and ...