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Lebanon receives preliminary approval to increase World Bank loan to $400 million

By Thomson Reuters Apr 23, 2025 | 10:53 AM

CAIRO (Reuters) – Lebanon has received preliminary approval to increase the value of a World Bank reconstruction loan to $400 million from $250 million, Finance Minister Yassine Jaber said in a statement on Wednesday.

The Lebanese prime minister said in March that the World Bank had presented a $1 billion programme for the reconstruction of Lebanon, including $250 million as a loan.

(Reporting by Ahmed Tolba and Yomna Ehab)