World Bank discusses new financial assistance to Lebanon

Lebanon Economy
13-01-2023 | 09:12
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
World Bank discusses new financial assistance to Lebanon
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
2min
World Bank discusses new financial assistance to Lebanon
Caretaker Prime Minister Najib Mikati met with the World Bank Country Director for the Middle East Department, Jean-Christophe Carret, on Friday to discuss World Bank's projects in Lebanon.  

The meeting dealt with many issues, including assisting the education sector with 25 million dollars allocated to teachers in public education and related to productivity and the attendance of teachers at schools.  

Both Mikati and Carret talked about assistance amounting to about one million dollars that will be allocated to the electricity sector to conduct a financial audit in Electricité du Liban to re-examine the tariff and economic situation and the establishment of the regulatory authority, in addition to providing the "Aman" network with a second World Bank loan.  

They also discussed obtaining a grant from the trust fund amounting to about 6 million dollars to help the Ministry of Finance with the information system, tax reforms, the new law on public accounting, and auditing the assets of 14 Lebanese banks representing 85 percent of the banking sector, especially since the start of the audit process by international companies is one of the prerequisites for the agreement with the International Monetary Fund (IMF).

Breaking Headlines

Lebanon News

Lebanon Economy

Lebanon

Economy

Prime Minister

Najib Mikati

Jean- Christophe Carret

World Bank

Loan

Projects

Assisting

Education

Sector

Electricity

Crisis

Ministry of Finance

Regulatory

Authority

IMF

LBCI Next
President Aoun emphasizes importance of agricultural sector, highlights efforts to boost exports to Gulf countries
Recommended For You
d-none hideMe
LBCI
Lebanon Economy
2025-07-11

Fuel prices shift in Lebanon

LBCI
News Bulletin Reports
2025-07-08

Billions needed, but no plan: Lebanon’s social spending crisis deepens

LBCI
Lebanon Economy
2025-07-04

Gasoline prices drop, gas price rises in Lebanon

LBCI
News Bulletin Reports
2025-07-02

Six years on, Lebanon’s banking crisis deepens without legislative solution

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
News Bulletin Reports
2025-07-03

As clock ticks, Lebanon faces pressure over UNIFIL and Hezbollah's weapons — the details

LBCI
Lebanon News
2025-07-11

President Aoun reaffirms state’s sole authority over arms, rejects normalization, and urges unity

LBCI
Lebanon News
2025-04-22

MP Mneimneh to LBCI: Hezbollah appears to be hardening its stance regarding its arms

LBCI
Middle East News
09:31

Syrian, Israeli officials to meet in Baku: AFP

Videos
d-none hideMe
LBCI
Lebanon News
2025-07-01

Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district

LBCI
Lebanon News
2025-06-10

Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)

LBCI
Lebanon News
2025-06-04

Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties

LBCI
Lebanon News
2025-05-19

President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels

LBCI
Lebanon News
2025-05-15

LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future

LBCI
Lebanon News
2025-05-11

Kuwait rolls out official welcome for Lebanon's President Aoun – video

LBCI
Lebanon News
2025-05-11

Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers

LBCI
News Bulletin Reports
2025-05-09

EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview

LBCI
Lebanon News
2025-04-23

US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
Lebanon News
08:09

Tom Barrack says US mediating undisclosed Lebanon-Israel talks

LBCI
Lebanon News
10:26

Israeli army claims strike killed Hezbollah member in Lebanon's south

LBCI
News Bulletin Reports
13:12

Mixed signals from US envoy Tom Barrack: Lebanon-Israel mediation stirs politics; Hezbollah 'pushes back'

LBCI
Lebanon News
12:47

US envoy Tom Barrack clarifies Syria remarks: Not a threat to Lebanon, but a vision for coexistence

LBCI
Middle East News
09:31

Syrian, Israeli officials to meet in Baku: AFP

LBCI
World News
00:30

US aware of reported death of American after beating by Israeli settlers

LBCI
Israel-Gaza War Updates
14:30

'There are no red lines anymore' says UN Palestinian rights expert on US sanctions

LBCI
World News
00:24

US Justice fires nine more employees from Jack Smith's team, sources say

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More