LBCI

Finance, energy ministers say World Bank backing boosts Lebanon's power sector reforms

16-01-2026 | 06:03

Share

Share

Finance, energy ministers say World Bank backing boosts Lebanon's power sector reforms

Finance Minister Yassine Jaber said Lebanon is seeking to cover the budget deficit through long-term loans, highlighting ongoing projects in sectors including water and agriculture, following a meeting with a World Bank delegation.

Speaking after the talks, Jaber said a grant provided by the World Bank will help the Ministry of Energy and Electricité du Liban (EDL) move forward with an implementation plan tied to a $250 million loan. He noted that part of the financing will support a power generation project through a solar energy plant.

Energy Minister Joe Saddi said confidence is gradually returning to Lebanon’s electricity sector, thanking the World Bank for its continued support.

Lebanon News

Lebanon Economy

Finance

Yassine Jaber

Lebanon

Budget

World Bank

Energy

Joe Saddi

Next

First Lady Nehmat Aoun hosts national meeting to back women’s quota law ahead of parliamentary elections

Lebanese President Aoun chairs security meeting

Previous

Recommended For You

Planned in Iraq, carried out in Beirut? The mystery surrounding al-Alwani’s killing

News Bulletin Reports

13:00

Planned in Iraq, carried out in Beirut? The mystery surrounding al-Alwani’s killing

Lebanon allocates $100 million for EDL dues, $20 million for solar energy

07:21

Lebanon allocates $100 million for EDL dues, $20 million for solar energy

President Aoun calls for stronger Lebanon-Turkey ties as Bilal Erdogan voices support for Lebanese sovereignty

04:54

President Aoun calls for stronger Lebanon-Turkey ties as Bilal Erdogan voices support for Lebanese sovereignty

PM Salam calls for international support to address Lebanon's environmental damage at COP31

04:45

PM Salam calls for international support to address Lebanon's environmental damage at COP31

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Cuba mocks US 'desperation' calling on Cubans to work with CIA

2026-10-24

Cuba mocks US 'desperation' calling on Cubans to work with CIA

What comes after UNIFIL? Lebanon weighs new options to monitor pilot zones

News Bulletin Reports

2026-09-07

What comes after UNIFIL? Lebanon weighs new options to monitor pilot zones

Finance Minister, World Bank review progress on Lebanon’s recovery and reconstruction projects

2026-10-29

Finance Minister, World Bank review progress on Lebanon’s recovery and reconstruction projects

Lebanese authorities begin relocating displaced people from Beirut waterfront

2026-05-18

Lebanese authorities begin relocating displaced people from Beirut waterfront

Videos

Exclusive LBCI interview: UN official optimistic about UNIFIL’s future — video

News Bulletin Reports

2026-10-15

Exclusive LBCI interview: UN official optimistic about UNIFIL’s future — video

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

News Bulletin Reports

2026-10-09

US on Hezbollah funding and Lebanon’s reconstruction: What did Tommy Pigott tell LBCI? Watch the interview

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

News Bulletin Reports

2026-10-08

Kaja Kallas tells LBCI about Europe’s planned mission in Lebanon — interview

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

2026-09-18

Heavy rain and flooding hit Lebanon’s Zahle region: Footage

Aoun arrives at Élysée Palace for meeting with Macron—Video

2026-09-17

Aoun arrives at Élysée Palace for meeting with Macron—Video

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Most read

24 hours

7 days

Month

Lebanon allocates $100 million for EDL dues, $20 million for solar energy

1

Lebanon allocates $100 million for EDL dues, $20 million for solar energy

President Aoun calls for stronger Lebanon-Turkey ties as Bilal Erdogan voices support for Lebanese sovereignty

2

President Aoun calls for stronger Lebanon-Turkey ties as Bilal Erdogan voices support for Lebanese sovereignty

Planned in Iraq, carried out in Beirut? The mystery surrounding al-Alwani’s killing

3

Planned in Iraq, carried out in Beirut? The mystery surrounding al-Alwani’s killing

Sami Gemayel challenges Iranian Parliament Speaker's remarks, Berri responds: "We are free"

4

Sami Gemayel challenges Iranian Parliament Speaker's remarks, Berri responds: "We are free"

State Security seizes and destroys 330 kilograms of unsafe meat products in Sidon, arrests shop owner

5

State Security seizes and destroys 330 kilograms of unsafe meat products in Sidon, arrests shop owner

PM Salam calls for international support to address Lebanon's environmental damage at COP31

6

PM Salam calls for international support to address Lebanon's environmental damage at COP31

Vessel on fire after being struck off UAE's Ras Al-Khaimah, maritime agencies say

7

Vessel on fire after being struck off UAE's Ras Al-Khaimah, maritime agencies say

China says spy claims to justify technology 'blockade'

8

China says spy claims to justify technology 'blockade'

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