Tag: World Bank
Lebanon secures increased World Bank loan of $400m
Lebanon has secured an increased World Bank loan for reconstruction work, the Finance Minister Yassine Jaber revealed, Al-Monitor via Reuters reported on April 23rd. The [more…]
Lebanon gets initial okay for $400m World Bank loan
The Lebanese Finance Minister declared that his nation has got the initial green light to increase a World Bank loan for reconstruction from $250 million [more…]
World Bank: $11 bn needed for Lebanon’s reconstruction after war
The World Bank has estimated that Lebanon will need $11 billion for its recovery and reconstruction following the conflict between Hezbollah and Israel, which came [more…]
Gaza is not ready for rebuilding, UN says
The Israel-Hamas war has killed more than 48,200 people, according to local health officials, and left the enclave covered in debris. But, Gaza is unable [more…]
IMF’s bank coalition aims to aid war hit countries
A new coordination group focusing on Palestine, Syria, and Lebanon was established by the International Monetary Fund (IMF), World Bank, Arab Coordination Group and regional [more…]
Lebanon’s poverty triples says World bank
Lebanon’s poverty has tripled over the past decade the World Bank has reported, according to Arab News and agencies on May 23rd. The proportion of [more…]
EU says Rafah offensive puts “heavy strain” on ties to Israel
The European Union made a statement on May 15th urging Israel to end its military operation in the southern Gaza city of Rafah “immediately,” warning [more…]
