Official website of Al-Jadid channel, Localities, World Bank allocates $ 2 billion to Lebanon

President Michel Aoun, Vice President of the World Bank Group for the Middle East and North Africa, Farid Belhadj, received this afternoon at Baabda Palace in the presence of the President of the World Bank. Parliamentary Finance and Budget Committee, Ibrahim Kanaan. "The legislative elections, based on the law of relativity, will be accompanied by economic reforms that will achieve the desired economic progress and activate the productive sectors."

Aoun notes that "the approval of two national budgets in one year is one of the most important reforms.Once" is one of the priorities of the future government that , we hope, will soon be formed. "

President Aoun praised" the role played by the World Bank in helping Lebanon "to fund development projects are needed", stressing that "the priorities will be projects that help boost economic growth and infrastructure development, "Belhaj said during the meeting in Beirut. "The World Bank is always ready to help Lebanon by financing development projects He stressed that" the existence of a $ 2 billion portfolio allocated by the World Bank to Lebanon is supposed to be used according to the priorities established by the Lebanese State. "

Belhadj hailed" the political and economic reforms of Lebanon.