Lebanese Parliament Approves Loan Agreement with World Bank for Social Safety Nets

Beirut:The Lebanese Parliament has approved a draft law allowing the government to enter into a loan agreement with the International Bank for Reconstruction and Development (IBRD). This agreement aims to implement the Social Safety Net Enhancement and Systems Building Project.

According to National news agency - Lebanon, the approval was granted during a general legislative session. The draft law, submitted under Decree No. 3228, seeks to strengthen the country's social safety nets through this loan agreement.

The agreement with the IBRD is part of Lebanon's efforts to bolster its social safety infrastructure and improve systems to support the population.

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