This is Beirut - world bank

Lebanon and World Bank Prepare Launch of Reconstruction Fund

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 ...

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 ...

World Bank to Restart Operations in Syria Following Saudi, Qatari Payment of Debts

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 ...

Washington: Hezbollah’s Financing and Disarmament are Interconnected

Bassam Abou Zeid, 26/04 18:40 - Reading : 2 minute(s)

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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 ...

US Roadmap for Lifting Sanctions on Syria Takes Center Stage

Amal Chmouny, 26/04 11:30 - Reading : 4 minute(s)

Syria Washington Sanctions Saudi Arabia Qatar World Bank

As Syria stands at a pivotal crossroads, the urgent question of lifting US and international sanctions takes center stage. These sanctions have profoundly impacted the nation's economy and governance since the outbreak of the civil war. With the Syrian interim government, now led by President Ahmed al-Sharaa, striving to stabilize the country and ...

Syria Ministers to Attend IMF and World Bank Meetings Next Week

This is Beirut, 14/04 19:30 - Reading : 2 minute(s)

IMF World Bank Syria

Syrian ministers and the country's central bank chief are to take part in the International Monetary Fund and World Bank's spring meetings in Washington next week, two sources told AFP on Monday. Foreign Minister Asaad al-Shaibani, Finance Minister Mohammed Barnieh and central bank governor Abdul Qadir al-Hasriya were set to join the April 21-26 ...

World Bank Delegation Tackles Key Reforms to Boost Lebanon's Economic Stability

This is Beirut, 21/03 20:25 - Reading : 2 minute(s)

World bank Lebanon Finance

Finance Minister Yassine Jaber held a high-level meeting with World Bank representatives on Friday to review the progress of the Public Financial Management Project (FMP) and its restructuring. At the heart of the discussions was the project’s role in supporting Lebanon’s economic stability, with a focus on strengthening tax collection ...

World Bank Commits $250 Million to Lebanon’s $1 Billion Fund

This is Beirut, 28/02 17:25 - Reading : 2 minute(s)

Banks World Bank Lebanon Yassine Jaber

The World Bank (WB) has allocated $250 million toward Lebanon’s recovery, as confirmed by Ousmane Dione, the WB Vice President for the Middle East and North Africa, following a meeting with Finance Minister Yassine Jaber on Friday. Dione further emphasized the aim to secure an additional $250 million by partnering with a group of international ...

Reconstruction in the Hands of the State and Hezbollah

Bassam Abou Zeid, 22/02 12:05 - Reading : 2 minute(s)

Hezbollah Iran Reconstruction World Bank

With Sayyed Hassan Nasrallah’s funeral set to conclude this Sunday, Hezbollah will soon face pressing challenges it has sought to evade — both within its own ranks and across Lebanese society. The Hezb urgently needs a massive influx of Iranian funds to fulfill its long-standing reconstruction promises. However, recent developments indicate a ...

Aoun Meets with World Bank VP, Reaffirms Commitment to Reforms

This is Beirut, 29/01 15:30 - Reading : 1 minute(s)

Lebanon World Bank Joseph Aoun

President Joseph Aoun reiterated on Wednesday Lebanon’s readiness to implement the necessary reforms, as outlined in his inaugural address. During a meeting with Ousmane Dione, the World Bank’s Vice President for the Middle East and North Africa, President Aoun emphasized that one of the primary objectives of the new government will be to ...

Yassin Inspects Progress at Karantina Sorting Plant

This is Beirut, 20/01 15:30 - Reading : less than a minute

Lebanon Environment Nasser Yassine UNDP World Bank

Caretaker Minister of Environment Nasser Yassin, accompanied by Beirut Governor Marwan Abboud, inspected the Karantina waste sorting plant to assess ongoing restoration efforts. The facility sustained severe damage during the Beirut port explosion on August 4, 2020. According to Yassin, the plant is expected to resume operations by the end of ...

World Bank Sees Slow and Steady Global Growth

This is Beirut, 17/01 12:40 - Reading : 2 minute(s)

Banks Covid-19 Europe Middle East World Bank

Global growth should remain stable this year and next, but at recent historic lows, the World Bank said Thursday, expressing particular concern about growth in developing countries. Growth should hit 2.7 percent in 2025 and 2026, in line with the level reached last year, the World Bank announced in a new report, adding that inflation and interest ...

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