World Bank expands Lebanon aid package to $400m amid deepening crisis – Middle East Monitor

Lebanon has secured a $250 million loan from the World Bank to address chronic electricity shortages, with preliminary approval granted to expand the package to $400 million, the country’s Finance Ministry confirmed this week.

According to Reuters, the funding comes as part of a broader $1 billion reconstruction programme unveiled by the World Bank in March, designed to help Lebanon recover from both long-standing infrastructural decay and the devastation…