Beirut: The Finance Ministry announced that it has completed the transfer of the final installment of school allowances for retired Lebanese Army personnel to Banque du Liban. The funds will be transferred to the beneficiaries' accounts at their respective banks in accordance with the applicable procedures and mechanisms.

According to National news agency - Lebanon, the completion of this transfer marks a significant step in ensuring that retired army personnel receive their entitled benefits. The school allowance is an essential support for retired army personnel, assisting them in covering educational expenses for their children.

The Finance Ministry has worked closely with Banque du Liban to ensure that the funds are distributed efficiently and securely. This final installment is part of a broader initiative to support retired military personnel and their families, reinforcing the commitment to uphold their welfare.

The transfer process followed strict protocols to ensure transparency and accuracy. Beneficiaries can expect to see the allowances reflected in their bank accounts soon, providing much-needed financial support for educational purposes.