Skip to main content

Lebanon's finance minister says World Bank working on $1 billion reconstruction fund

1 min Mena Today

Lebanon's Finance Minister Yassine Jaber told Reuters on Friday that the World Bank is working to create a $1 billion fund for reconstruction efforts in the country.

Yassine Jaber © EU/Anwar Amro

Yassine Jaber © EU/Anwar Amro

Lebanon's Finance Minister Yassine Jaber told Reuters on Friday that the World Bank is working to create a $1 billion fund for reconstruction efforts in the country.

"The World Bank is putting in the seed money of $250 million and donors fill in the rest, $750 million," Jaber told Reuters.

Reporting by Maya Gebeily

Related

Lebanon

« Iran's Revolutionary Guards are running the war »

Lebanese Prime Minister Nawaf Salam delivered a sweeping and unusually candid interview to Saudi channel Al-Hadath Sunday evening, laying bare the full extent of Iran's direct military command over Hezbollah in Lebanon,  and reaffirming his government's determination to end the conflict through direct negotiations with Israel.

Hezbollah

Israel eliminates Al-Radwan special forces commander

The Israeli military eliminated Abu Khalil Bourji, commander of the special forces of Hezbollah's elite Al-Radwan Unit, along with two other fighters, in a precision airstrike on Majdel Selm in South Lebanon on Saturday.

Subscribe to our newsletter

Mena banner 4

To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.

  • Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.