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US$300 million to Scale-Up Support to Poor and Vulnerable Lebanese Households and Strengthen Social Safety Net Delivery System - Lebanon

World Bank: $300 Million to Scale-Up Support to Poor Lebanese Households

The World Bank Group’s Board of Executive Directors has approved a $300 million additional financing to expand and extend the provision of cash transfers to poor and vulnerable Lebanese households. A World Bank statement said Thursday that the approval will further support the development of a unified social safety net delivery system in Lebanon to allow a better response to ongoing and future shocks.

World Bank agrees to give Lebanon $300 million in economic aid

The World Bank Group's board of executive directors on Thursday agreed to give $300 million in additional funding to Lebanon as the country continues to suffer from a prolonged economic crisis.

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