Middle East Economic Survey
Lebanon Receives $75Mn US Grant
Under an agreement signed on 31 August, the US government has granted Lebanon $75mn as part of the $250mn cash transfer under an aid package of $300mn to Lebanon, pledged at the Paris-3 donors conference last January (MEES, 29 January). The US grant will provide the funds to the government of Lebanon to help reduce its external debt and pursue economic reforms. Lebanese Minister of Finance Jihad...