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The World Bank approved a $150 million soft loan for food security in crisis-hit Lebanon to stabilize bread prices during the coming months, the economy minister said Monday. Amin Salam told ...
In a report assessing the impact of the Hezbollah-Israel conflict on Lebanon's economy and key sectors from Oct. 8, 2023, to Oct. 27, 2024, the World Bank said that "damages to physical structures ...
The World Bank says poverty in Lebanon has tripled over the course of a decade. The percentage of people in Lebanon living below the poverty line rose from 12% in 2012 to 44% in 2022.
The US envoy to Lebanon said Washington will negotiate a ceasefire with Israel after Beirut backed a US plan for Hezbollah’s ...
BEIRUT, Lebanon, Dec. 10 (UPI) -- The World Bank said Tuesday that the Israel- Hezbollah conflict has dealt another significant blow to Lebanon's already struggling economy and emphasized the ...
BEIRUT (AP) — The World Bank will grant Lebanon a $250 million loan that will be used to help ease electricity cuts in the crisis-hit country, the country's finance ministry said Thursday.
The U.S. special envoy to Lebanon said Monday that his team would discuss the long-term cessation of hostilities with Israel, ...
World Bank estimates reconstruction of Lebanon will cost $11 billion The war killed more than 4,000 people in Lebanon, displaced hundreds of thousands and caused widespread destruction in the nation.
The World Bank Group's board of executive directors on Thursday agreed to give $300 million in additional funding to Lebanon as the country continues to suffer from a prolonged economic crisis.
The World Bank says Lebanon’s economy has contracted by more than 58%, warning in a report that the small country’s financial meltdown poses a threat to long-term stability and social peace.
World Bank Group Clarification Contrary to what some media outlets have reported, the World Bank Group wishes to ascertain that it is in close collaborations WITH all donor entities contributing to ...
The World Bank threatened to suspend financing for Lebanon's COVID-19 vaccination drive in its second week after it emerged that some lawmakers would get their shots in parliament on Tuesday.