Middle East Economic Survey


No 48



Italy Extends 69Mn In Loans And Grants To Lebanon

Lebanon will receive from Italy a concessionary loan of 39mn to finance a drinking water and sewage project in Jubail and a grant of 30mn to provide assistance for poor families in the fields of health, education and social services, under an agreement signed last week between the Council for Development and Reconstruction (CDR) and the Italian Embassy in Beirut. This aid to Lebanon...