The World Food Program is providing $5.4 billion in aid to Lebanon
The World Food Program has informed Lebanon of its agreement to provide more than $5 billion in aid over the next three years, Acting Prime Minister Najib Mikati announced Monday after a meeting with the program director in Beirut.
“The World Food Program Board of Directors, at its last meeting in Rome, decided to allocate $5.4 billion to Lebanon over the next three years,” Mikati said during a press conference at the Grand Serail in the presence of Lebanon Program Director Dr. Abdullah Al-Wardat.
Lebanon experienced an economic collapse three years ago, which the World Bank ranked among the worst in the world since 1850. The lira lost about 95 percent of its value against the dollar.
According to Mikati, an agreement was reached to split the UN program’s aid equally between the Lebanese and Syrian refugees, who have been receiving assistance since 2012, the date Syrian refugees began pouring into Lebanon.
According to the authorities, Lebanon hosts more than two million Syrian refugees, while the number registered with the United Nations is about 830,000.
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