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
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
Lebanon and Syria will in the coming months begin revising decades-old trade agreements to revive their economic relationship following the ouster of Syrian leader Bashar al-Assad in 2024, Lebanon's economy minister told Reuters on Thursday.
High in the hills above Beirut, where mist settles over crumbling villas and the past hangs heavier than the mountain air, stands a building that time has been unusually gentle with, even as neglect has not.
Hezbollah lawmaker Hassan Fadlallah told parliament Thursday that the "ill-fated" framework agreement signed on June 26 between Lebanon and Israel was "doomed to fail," insisting "the Zionists will not be able to impose its implementation" and that "our people will thwart its effects on the ground."
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.