News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
29
o
Bekaa
23
o
Keserwan
29
o
Metn
29
o
Mount Lebanon
24
o
North
31
o
South
28
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Morning Talk
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
29
o
Bekaa
23
o
Keserwan
29
o
Metn
29
o
Mount Lebanon
24
o
North
31
o
South
28
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
World Bank freezes Lebanon’s gas and electricity loan: LBCI sources
Lebanon Economy
2023-02-02 | 09:34
High views
Share
Share
2
min
World Bank freezes Lebanon’s gas and electricity loan: LBCI sources
Hopes that the long-term electricity plan would reach its conclusions have evaporated.
This conclusion comes after sources confirmed to LBCI that the World Bank informed the parliamentary delegation visiting Washington that the $300 million loan to export gas from Egypt and electricity from Jordan at a later stage is currently frozen and is not on the bank’s agenda.
Sources primarily linked the hold to the failure of completing the necessary reforms in the electricity sector, which the World Bank had been calling for, the most important of which is; appointing the regulatory board for the sector, collection of tariffs, and limiting technical loss.
MPs Elias Bou Saab, Mark Daou, and Yassin Yassin were informed of the World Bank's decision during a meeting with officials who said that freezing the loan is not linked to the Caesar Act sanctions, given that the export of gas and electricity will pass through Syria.
Simultaneously, if the World Bank were to reactivate the loan, the issue of sanctions would remain a vital issue in implementing the deal, especially given the Republican opposition in Washington to a possible waiver for Lebanon, Egypt, and Jordan from the Caesar Act.
Breaking Headlines
Lebanon News
Lebanon Economy
News Bulletin Reports
Lebanon
Electricity
Gas
Loan
Hopes
Evaporated
World Bank
Stops
Freezes
Plan
Caesar Act
Decision
Next
Fuel prices rise in Lebanon
Recommended For You
d-none hideMe
0
Lebanon Economy
02:19
Fuel prices decrease in Lebanon
Lebanon Economy
02:19
Fuel prices decrease in Lebanon
0
Lebanon Economy
2024-07-23
Lebanon's rating unaffected by Fitch's decision, confirms Acting BDL Governor to LBCI
Lebanon Economy
2024-07-23
Lebanon's rating unaffected by Fitch's decision, confirms Acting BDL Governor to LBCI
0
Lebanon Economy
2024-07-23
Fitch Ratings confirms Lebanon's 'Restricted Default' status and withdraws ratings
Lebanon Economy
2024-07-23
Fitch Ratings confirms Lebanon's 'Restricted Default' status and withdraws ratings
0
Lebanon Economy
2024-07-23
Fuel prices decrease across Lebanon
Lebanon Economy
2024-07-23
Fuel prices decrease across Lebanon
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
World News
00:15
CIA Chief to meet Israeli, Egyptian, and Qatari officials for Gaza talks
World News
00:15
CIA Chief to meet Israeli, Egyptian, and Qatari officials for Gaza talks
0
World News
2024-04-27
Paris 2024 Olympics flame sets sail for France
World News
2024-04-27
Paris 2024 Olympics flame sets sail for France
0
Israel-Gaza War Updates
2024-05-17
New York City said 'no injuries' at Columbia arrests; students' medical records say otherwise
Israel-Gaza War Updates
2024-05-17
New York City said 'no injuries' at Columbia arrests; students' medical records say otherwise
0
Israel-Gaza War Updates
2024-06-04
Qatar states recent Gaza ceasefire proposal is closer in positions of both sides
Israel-Gaza War Updates
2024-06-04
Qatar states recent Gaza ceasefire proposal is closer in positions of both sides
Videos
d-none hideMe
0
World News
2024-07-21
Full Transcript: Trump's Coordinator of Arab Relations Discusses Plan to Win Arab Voters and Achieve Peace
World News
2024-07-21
Full Transcript: Trump's Coordinator of Arab Relations Discusses Plan to Win Arab Voters and Achieve Peace
0
Lebanon News
2024-07-18
Two dead in Israeli airstrike on Jmeijmeh, south Lebanon (Video)
Lebanon News
2024-07-18
Two dead in Israeli airstrike on Jmeijmeh, south Lebanon (Video)
0
Lebanon News
2024-07-11
Hezbollah's Ibrahim Moussawi to CNN: Regional powers do not seek full-scale conflict
Lebanon News
2024-07-11
Hezbollah's Ibrahim Moussawi to CNN: Regional powers do not seek full-scale conflict
0
Lebanon News
2024-07-09
Hezbollah’s "Hudhud" shows new footage of Israeli sites
Lebanon News
2024-07-09
Hezbollah’s "Hudhud" shows new footage of Israeli sites
0
Lebanon News
2024-06-18
Hezbollah scouts areas in northern Israel: What the hoopoe came back with (Video)
Lebanon News
2024-06-18
Hezbollah scouts areas in northern Israel: What the hoopoe came back with (Video)
0
Lebanon News
2024-06-12
Over 100 rockets launched from southern Lebanon toward northern Israel (Video)
Lebanon News
2024-06-12
Over 100 rockets launched from southern Lebanon toward northern Israel (Video)
0
Lebanon News
2024-06-10
Video shows Israeli drone downing in Iqlim al-Tuffah, South Lebanon
Lebanon News
2024-06-10
Video shows Israeli drone downing in Iqlim al-Tuffah, South Lebanon
0
Middle East News
2024-05-21
Funeral ceremony of the Iranian president begins in Tabriz (Video)
Middle East News
2024-05-21
Funeral ceremony of the Iranian president begins in Tabriz (Video)
0
Lebanon News
2024-05-14
Exclusive LBCI interview: Canadian FM urges ceasefire and Resolution 1701 adherence in Lebanon talks, discusses Canadian support for LAF, UNIFIL
Lebanon News
2024-05-14
Exclusive LBCI interview: Canadian FM urges ceasefire and Resolution 1701 adherence in Lebanon talks, discusses Canadian support for LAF, UNIFIL
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
10:32
The Countdown Is On! Summer's Most Awaited Event: Miss Lebanon, Live Tomorrow at 8:30 PM on LBCI and lbcgroup.tv
Lebanon News
10:32
The Countdown Is On! Summer's Most Awaited Event: Miss Lebanon, Live Tomorrow at 8:30 PM on LBCI and lbcgroup.tv
2
Lebanon News
10:42
US President Biden issues deferred enforced departure for Lebanese nationals, protecting them from deportation for 18 months
Lebanon News
10:42
US President Biden issues deferred enforced departure for Lebanese nationals, protecting them from deportation for 18 months
3
Lebanon News
11:33
US President Biden’s deferred enforced departure for Lebanese nationals is not an indication of imminence of further escalation
Lebanon News
11:33
US President Biden’s deferred enforced departure for Lebanese nationals is not an indication of imminence of further escalation
4
Lebanon Economy
02:19
Fuel prices decrease in Lebanon
Lebanon Economy
02:19
Fuel prices decrease in Lebanon
5
World News
06:12
Airport at Franco-Swiss border evacuated for 'security reasons'
World News
06:12
Airport at Franco-Swiss border evacuated for 'security reasons'
6
News Bulletin Reports
13:05
War resolution: Netanyahu confronted with ceasefire demands in talks with US leaders
News Bulletin Reports
13:05
War resolution: Netanyahu confronted with ceasefire demands in talks with US leaders
7
News Bulletin Reports
13:06
Netanyahu's conditions: Israel and Hamas struggle to overcome deadlock in ongoing negotiations
News Bulletin Reports
13:06
Netanyahu's conditions: Israel and Hamas struggle to overcome deadlock in ongoing negotiations
8
News Bulletin Reports
13:08
Securing nomination: Can Harris secure Michigan delegates for Democratic nomination?
News Bulletin Reports
13:08
Securing nomination: Can Harris secure Michigan delegates for Democratic nomination?
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More