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World Bank urges Lebanon authorities to ‘get their act together’
Lebanon Economy
2021-04-04 | 07:36
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World Bank urges Lebanon authorities to ‘get their act together’
Lebanon must be willing to implement some real changes in order to get international funding assistance, according to the World Bank’s Middle East and North Africa vice president.
“Lebanon needs to help itself, so that we can help it,” said Ferid Belhaj in an interview with
Bloomberg
on Friday. “Unfortunately, as of right now, Lebanon has not been interested, willing or able to help itself.”
“What we are trying to do in Lebanon is go around the government systems and try to help the people directly, through unconditional cash transfers because when you look at Lebanon today, we are getting to close to 50% poverty,” he added.
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