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Lebanon , Thursday 15 October 2026

Lebanon signs $250 million World Bank loan for electricity reform

Published on: Wednesday 23 April 2025

Lebanon signs $250 million World Bank loan for electricity reform Lebanese Finance Minister Yassine Jaber signed a $250 million loan agreement with the World Bank, aimed at alleviating Lebanon's long-standing electricity crisis, a statement by the ministry said on Thursday. The signing took place during high-level meetings in Washington on the sidelines of the International Monetary Fund (IMF) and World Bank spring meetings, the statement said. Jaber also announced that Lebanon has secured preliminary approval to increase the value of this loan to $400 million


News source: https://finance.yahoo.com/news/lebanon-signs-250-million-world-115820312.html

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