The World Bank building in Washington, on April 21, 2025. (Credit: Philippe Hage Boutros/L'Orient-Le Jour).
BEIRUT — In its latest Lebanon Economic Monitor report, titled “Turning the Tide?”, the World Bank outlined a one-year policy action plan aimed at supporting the new government’s reform agenda. The plan centers on three core pillars: restoring macroeconomic and financial stability, rebuilding public trust in state institutions, and investing in human capital while expanding economic opportunities.The global institution said it drew on “two decades of policy dialogue, technical assistance, and World Bank-financed projects,” to draft a plan in line with priorities evoked in the ministerial statement. According to the World Bank, its plan could be implemented “within the government’s short tenure.”The ministerial statement — presented on Feb. 25 — had identified four main priorities: put an end to the financial and economic deterioration...
BEIRUT — In its latest Lebanon Economic Monitor report, titled “Turning the Tide?”, the World Bank outlined a one-year policy action plan aimed at supporting the new government’s reform agenda. The plan centers on three core pillars: restoring macroeconomic and financial stability, rebuilding public trust in state institutions, and investing in human capital while expanding economic opportunities.The global institution said it drew on “two decades of policy dialogue, technical assistance, and World Bank-financed projects,” to draft a plan in line with priorities evoked in the ministerial statement. According to the World Bank, its plan could be implemented “within the government’s short tenure.”The ministerial statement — presented on Feb. 25 — had identified four main priorities: put an end to the financial and...
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