No. 11



Lebanon Promised500Mn In New Aid

Lebanese Prime Minister Rafiq al-Hariri announced on 27 February in Paris that the World Bank, the European Commission and the Mediterranean Development Agency had promised Lebanon a new aid package of500mn ($466mn), following a visit to Paris by a high-ranking Lebanese delegation. Details of the package 70% of which will be in the form of a low-interest loan and 30% in the form of a donation will be finalized with the...