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Lebanon Receives $300 Million Funding Boost from the World Bank

Photo by Alexander Grey on Unsplash

The World Bank will dispatch $300 million in additional financing for the most vulnerable families in Lebanon, a country mired in what the lender called one of the worst economic and financial crises in history.

The package will expand and extend cash transfers to 160,000 poor households for 24 months and support the development of a “unified social safety net delivery system” in Lebanon, the Washington-based lender said in a statement.

Read More : Lebanon Receives $300 Million Funding Boost from the World Bank

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