Economy Minister from WB group’s HQ in Washington affirms Lebanon’s commitment to reforms en route to financial stability

Economy Minister from WB group’s HQ in Washington affirms Lebanon’s commitment to reforms en route to financial stability

NNA - Caretaker Minister of Economy and Trade, Amin Salam, on Thursday headed a Lebanese delegation partaking in the Arab Ministerial Meeting of Governors in the MENA region, which was held in Washington DC, at the World Bank Group’s headquarters. 

Salam welcomed the continuous support of the World Bank to Lebanon amid the tough stage that the country endures, "especially its efforts to bolster the country’s food security through the emergency wheat loan, in addition to allocating a new program for food security, developing social safety programs, and providing Lebanon with Covid 19 vaccines."

Regarding global policy priorities for the coming period, Salam affirmed that Lebanon, in light of the dire circumstances, continued to support international efforts to restore global peace and stability and alleviate human suffering. 

“Lebanon continues to be the country hosting the largest number of Syrian refugees per capita and square kilometer in the world; the government estimates the presence of 1.5 million Syrian refugees on Lebanese territories and approximately 13,715 refugees carrying other nationalities,” Salam explained. 

“All of this is happening as Lebanon faces the worst social and economic crisis in decades, suffers the impact of the Covid-19 epidemic, and recovers from the devastating Beirut Port blast in 2020,” Salam