Lebanese Parliament Returns Draft Law on Cancellation of Three Project Loans to Government

Beirut:The Lebanese Parliament has returned to the government the draft law submitted under Decree No. 3323. This draft law involves the cancellation of three loans that were allocated for financing significant infrastructure projects in the country.

According to National news agency - Lebanon, the three projects affected by this decision include the construction of the Southern Coastal Highway, the project aimed at increasing the supply of drinking water to Greater Beirut through the Bisri Dam, and the construction of the Faculty of Public Health in Fanar as part of the Lebanese University Development Project.

The return of this draft law to the government indicates a reconsideration of these projects, which were initially planned to receive financial backing through the loans. The implications of this decision on the development and infrastructure of Lebanon remain to be seen.

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