Lebanon

Title: Approval of Loan Agreement Project with World Bank Regarding "Aman"

Title: Approval of Loan Agreement Project with World Bank Regarding

The media office of the Minister of Social Affairs in the caretaker government, Hector Hajjar, announced in a statement regarding the "Aman" program that: "As part of the efforts made by the Ministry of Social Affairs to secure additional funding for the Aman program from the World Bank, it successfully obtained $300 million. After obtaining the approval of the Ministry of Foreign Affairs and Emigrants, the Ministry of Finance, and the opinion of the Legislative and Consultative Authority at the Ministry of Justice, the Council of Ministers approved yesterday the project of the loan agreement between the Lebanese state and the World Bank. Thus, the final step remains with the Parliament to obtain its approval of the agreement before starting implementation and transferring funds to the Central Bank of Lebanon to enable the continuation of aid payments."

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