World Bank

The World Bank Group has approved a new US$400 million project to support Lebanon’s quest to expand nationwide employment opportunities, which have been severely impacted by the influx of Syrian refugees and the recent low growth trend of…

World Bank delegation said it fully supports an infrastructure investment program being prepared for an upcoming conference on investment in Lebanon.A World Bank delegation Friday said it fully supports an infrastructure investment…

The Ministry of Finance and the Council for Development and Reconstruction (CDR) signed a $200m deal with the World Bank to finance the Roads and Employment Project in Lebanon, which aims to upgrade the country's road network and create…

Remittances from expatriates to Lebanon are expected to increase slightly in 2016, according to the World Bank. In a report on capital inflows published Sunday, the World Bank projected that remittances from expatriates will reach $7.6…

The World Bank is downgrading its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and…