
What could $250 million do for Lebanon’s economy?
World Business Report
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Rebuilding Lebanon: A Financial Lifeline
This chapter explores the World Bank's $250 million funding approval for Lebanon's infrastructure recovery post-conflict, in light of extensive destruction requiring $11 billion for full reconstruction. It examines the ongoing crises, including the COVID-19 pandemic and a devastating port explosion, emphasizing the profound economic impact on sectors like hospitality. The narrative features personal accounts from local hoteliers and highlights the resilience of businesses as they navigate significant challenges and seek to restore tourism confidence.
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