Aoun, Belhaji Discuss World Bank Assistance for Lebanon


President Michel Aoun discussed with the World Bank Group Vice President for Middle East and North Africa Farid Belhaj the role of the Bank in providing Lebanon with assistance at the current critical phase, the National News Agency reported on Monday.

In its report early in June, the World Bank said Lebanon's economic collapse is likely to rank among the world's worst financial crises since the mid-19th century.

The report predicts that Lebanon's economy will shrink by close to 10 percent in 2021 and stresses there is "no clear turning point in the horizon".

Lebanon is wrangling with an unprecedented economic and financial crisis since 2019.

Lebanon defaulted on its debt last year, the currency lost around 85 percent of its value and poverty is devastating a country once seen as a beacon of prosperity in the region.

Comments 8
Thumb EagleDawn 07 June 2021, 13:08

“فخامة الرئيس يا ريت ورتت بستان جدك وما عملت رئيس جمهورية”
“بتبقى انت الحلم، والحلم ما بيشيخ”
الله يحميك
بي الكل
A fearless man - A real leader - A true statesman

Thumb marcus 07 June 2021, 13:38

What does this delusional uneducated man know about financial matters, the economy, or the world bank?

Thumb justice 07 June 2021, 17:38


Thumb justin 07 June 2021, 13:47

توقــف سياســيون باســتغراب عنــد المصطلــح الذي يســتخدمه الوزير سليم جريصاتــي في التعريــف عن نفســه لدى اتصاله بموظفين في إدارات الدولة، مستهلا كلامه  بعبارة: “معك وزير القصر”.

Thumb Puppet 07 June 2021, 13:51

You ask me : "Puppet, do you respect general Aoun who is now president and Imam?"
I Answer : "I sure do"

You Ask me : "Puppet, why do you respect general Aoun who is now president and Imam?"
I Answer: " I dunno, I just do"

Thumb 07 June 2021, 16:06

Because you’re a puppet! looool

Thumb doodle-dude 07 June 2021, 13:53

lol@ 'a beacon of prosperity in the region'

Default-user-icon Liberty (Guest) 10 June 2021, 15:22

The problem with Lebanon is that most people in power are doing things they know nothing about. For instance, Aoun is now dealing with financial matters that he knows nothing about. He puts his nose into everything despite his very old age (90) and is spoiling everything he touches. Isn't there anyone sane enough to stop him destroying what's left of this country? I wonder! Enough with people running the country while being days away from death. I am disgusted for the way that Lebanon has treaded.