The World Bank says it has earmarked $200 million for repairing Lebanon’s unsafe roads.
It said in a statement Tuesday that the funds will be used to repair around 500 kilometers (312 miles) of roads in the first phase of a broader government plan “to revamp the country’s crumbling road sector.”
It said the Roads and Employment Project was approved Monday by its board of directors.
Ferid Belhaj, the World Bank’s Middle East director, said the project would “help Lebanon continue to offer basic services both to its citizens and to Syrian refugees in the country.”
Lebanon is home to some 1.2 million Syrian refugees, the equivalent of a quarter of its own population.
Source: Arab News
GMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and GazaGMT 15:42 2017 Wednesday ,20 December
World Bank approves $825m loan for Pakistan infrastructureGMT 22:37 2017 Sunday ,19 November
Bank committed to promoting Islamic banking industryGMT 16:52 2017 Saturday ,14 October
Trump administration rejects World Bank capital increaseGMT 18:28 2017 Tuesday ,03 October
Egypt-World Bank cooperation unprecedentedly successfulMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor