VOL. XLVI
No 19
12-May-2003
LEBANON
World Bank Agrees $31.5Mn Loan For Lebanese Urban Development Project
The World Bank on 17 April approved a loan for $31.5mn to Lebanon to help fund urban development projects. The maturity of the loan is 15.5 years with a grace period of 6.5 years. According to the World Bank, the main objective of the project is to finance conservation andurban infrastructure improvements in Baalbak, Byblos, Saida, Tripoli and Tyre. The projects will provide technical...
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