World Bank Approves US$350 Million Financing for Social Protection, Economic Empowerment, and Digital Transformation
Lebanon, Jan. 27 -- The World Bank Board of Executive Directors approved yesterday US$350 million in new financing to help Lebanon meet the basic needs of the poor and vulnerable during its economic and financial recovery and improve the delivery of high-impact public services through digital transformation of the public sector. The approved investments span two new projects aimed to positively impact people's lives by providing social protection to the poor, promoting the economic inclusion of women, youth and vulnerable groups, strengthening social protection delivery systems and accelerating the digitalization of key public services. Lebanon's multidimensional crises have severely exacerbated preexisting economic and social challenges, p...
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