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World

World Bank says ready to mobilize financing for Lebanon blast recovery

  • The World Bank said in a statement that it "would be also willing to reprogram existing resources.
  • explore additional financing to support rebuilding lives and livelihoods of people impacted by this disaster.
Published August 6, 2020

WASHINGTON: The World Bank Group said on Wednesday it stands ready to assess Lebanon's damage and needs after a devastating Beirut port explosion and work with the country's partners to mobilize public and private financing for reconstruction and recovery.

The World Bank said in a statement that it "would be also willing to reprogram existing resources and explore additional financing to support rebuilding lives and livelihoods of people impacted by this disaster."

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