The World Bank has granted Lebanon a $250 million loan aimed at helping to alleviate persistent power cuts worsened by last year’s war between Israel and Hezbollah, the country’s finance ministry said ...

BEIRUT (AP) — The World Bank will grant Lebanon a $250 million loan that will be used to help ease electricity cuts in the crisis-hit country, the country's finance ministry said Thursday. Lebanon has ...

Lebanon is seeking international support to cover an estimated $11 billion in reconstruction costs, as its government ...

Frequency of power outages in Lebanon has significantly increased due to government's financial distress - Anadolu Ajansı ...

Souaid's appointment came as Lebanon was still trying to reverse its economic crisis, described by the World Bank as one of the worst in the world since the mid-19th century. Tackling one of the ...

Such reforms are needed to unlock international aid, and on top of that, Israel’s 14-month war with Hezbollah that caused what the World Bank estimates was $11 billion in damages and economic losses.

The World Bank has granted Lebanon a $250 million loan aimed at helping alleviate persistent power cuts worsened by last year ...

BEIRUT (AP) — The World Bank will grant Lebanon a $250 million loan that will be used to help ease electricity cuts in the crisis-hit country, the country’s finance ministry said Thursday.