World Bank to provide financial support for Lebanon’s vulnerable families

Date:

Share post:

spot_imgspot_img

Beirut, Dec 16 : The World Bank’s regional director for the Middle East, Saroj Kumar Jha, said on Wednesday that vulnerable families in Lebanon will receive financial support from the World Bank starting March 2022, according to a statement by Lebanon’s Presidency.

Earlier this year, the World Bank funded a social safety net plan, which aims to provide monthly cash assistance to vulnerable families in Lebanon, Xinhua news agency reported.

Jha said that the World Bank will continue to provide support for Lebanon by financing a number of vital projects in the country.

His remarks came during his meeting at Baabda Palace with Lebanese President Michel Aoun to discuss the latest developments regarding projects implemented by the World Bank in Lebanon.

Aoun thanked Jha for his continuous efforts to support Lebanon, vowing to implement the projects funded by the World Bank.(IANS)

spot_imgspot_img

Related articles

Iran’s President says MoU with US achieved in full coordination with Supreme Leader

Tehran, June 30: Iranian President Masoud Pezeshkian said on Tuesday that the recent peace Memorandum of Understanding (MoU)...

ED attaches Rs 22 crore worth cricket academy, hotels, land of ex-IAS couple in Bhopal

New Delhi, June 30: The ED issued provisional attachment order against a cricket academy, hotels and resorts and...

Rahul Gandhi’s ‘Economic Tsunami’ claim debunked by strong macro fundamentals

New Delhi, June 30: Rahul Gandhi’s hollow assertion that India is heading towards an “economic tsunami” is far...

Scindia reviews NE flood situation; Union Ministers Chouhan and Rijiju assess damage in Arunachal

New Delhi/Guwahati/Itanagar, June 30: Union Minister for Development of North Eastern Region (DoNER) Jyotiraditya M. Scindia on Tuesday...