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

Summary
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.

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U.S. NewsU.S. News

Lebanon's Finance Minister Says World Bank Working on $1 Billion Reconstruction Fund

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·New York, United States
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ReutersReuters
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The PrintThe Print

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

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.

·United Kingdom
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XinhuaXinhua

World Bank to establish 1 bln USD fund for Lebanon: finance minister

World Bank to establish 1 bln USD fund for Lebanon: finance minister

·China
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famagusta-gazette.comfamagusta-gazette.com

World Bank working on1-billion-U.S. dollar reconstruction fund for Lebanon – Famagusta Gazette

Lebanese Finance Minister Yassine Jaber revealed that the World Bank is working on establishing a 1-billion-U.S. dollar reconstruction fund for Lebanon as part of the ongoing efforts to support the country’s economic recovery. His remarks came after a meeting with Ousmane Dione, World Bank Vice President for the Middle East and North Africa region. Jaber expressed gratitude for the World Bank’s ongoing assistance, describing its support as cruci…

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SyriacPressSyriacPress

Possible $1 billion reconstruction fund to support Lebanon's recovery, Aoun pushes for foreign relations and economic reforms - Syriac Press

BEIRUT, Lebanon — Syriac Maronite Lebanese President Joseph Aoun is making a concerted effort to strengthen Lebanon’s foreign relations and implement sweeping reforms to reinforce state sovereignty. His upcoming visit to Saudi Arabia is expected to focus on securing both economic and military assistance for the struggling nation.  A vision for balanced diplomacy  In an exclusive interview with Asharq Al-Awsat, Aoun outlined his reform strategy, …

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Xinhua broke the news in China on Friday, February 28, 2025.
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