World Bank: Reforms key to economic assistance for Lebanon – ZAWYA

World Bank: Reforms key to economic assistance for Lebanon – ZAWYA

BEIRUT: A senior World Bank official said Friday that Lebanon needs to present an ambitious reform program in order to obtain financial assistance.. "The Lebanese government should provide an ambitious reform program that begins with addressing financial and banking issues, in addition to infrastructure, especially the electricity sector.. So we are all waiting for the government's reform program, and the World Bank will determine how it can fully support the Lebanese people," Jha explained.. The World Bank has always been a strong partner of the Lebanese people.. "The World Bank is ready to support any ambitious program, because this is in the interest of the Lebanese people and will directly assist those affected by the economic and financial crisis.. Lebanon can overcome the crisis, but that requires strong political will and a time-bound action plan, and this is what the World Bank expects from this new government," Jha said..