09 Apr 2018, Petia Krasteva, EMIS Editor
Saudi Arabia commits to provide USD 1bn soft loan to Lebanon
Years of political turbulence have hit hard on the Lebanese economy, while refugees fleeing neighbouring Syria post another challenge. Some 40 countries took part in the donor conference, Arabian Business said. Lebanon hoped to agree USD 4bn support package for the next four years. Other media reported that participants have committed USD 1.8bn in concessionary loans and USD 800mn in grants so far.
Sign in and read the full article in emis.com Original source: Arabian Business