LBCI

Finance, energy ministers say World Bank backing boosts Lebanon's power sector reforms

16-01-2026 | 07:03

Share

Share

Finance, energy ministers say World Bank backing boosts Lebanon's power sector reforms

Finance Minister Yassine Jaber said Lebanon is seeking to cover the budget deficit through long-term loans, highlighting ongoing projects in sectors including water and agriculture, following a meeting with a World Bank delegation.

Speaking after the talks, Jaber said a grant provided by the World Bank will help the Ministry of Energy and Electricité du Liban (EDL) move forward with an implementation plan tied to a $250 million loan. He noted that part of the financing will support a power generation project through a solar energy plant.

Energy Minister Joe Saddi said confidence is gradually returning to Lebanon’s electricity sector, thanking the World Bank for its continued support.

Lebanon News

Lebanon Economy

Finance

Yassine Jaber

Lebanon

Budget

World Bank

Energy

Joe Saddi

Next

First Lady Nehmat Aoun hosts national meeting to back women’s quota law ahead of parliamentary elections

Lebanese President Aoun chairs security meeting

Previous

Recommended For You

UNIFIL mandate nears end: UN Security Council weighs future of Lebanon peacekeeping mission

News Bulletin Reports

12:50

UNIFIL mandate nears end: UN Security Council weighs future of Lebanon peacekeeping mission

President Aoun takes part in blood donation campaign

08:46

President Aoun takes part in blood donation campaign

Lebanon fuel prices rise, gas canister price drops

Lebanon Economy

02:29

Lebanon fuel prices rise, gas canister price drops

Israeli army warns of wider strikes in Lebanon amid heightened regional tensions: The details

News Bulletin Reports

2026-08-27

Israeli army warns of wider strikes in Lebanon amid heightened regional tensions: The details

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Israeli far-right minister slams US-Iran deal, urges stronger campaign in Lebanon

2026-06-15

Israeli far-right minister slams US-Iran deal, urges stronger campaign in Lebanon

France shot down drones 'in self-defence' early in Iran war: Macron

Middle East News

2026-03-03

France shot down drones 'in self-defence' early in Iran war: Macron

PM Salam: Israeli strikes hit densely populated areas, calls on allies to help end attacks

2026-04-08

PM Salam: Israeli strikes hit densely populated areas, calls on allies to help end attacks

Israeli health ministry says over 7,400 injured since start of war

Middle East News

2026-04-09

Israeli health ministry says over 7,400 injured since start of war

Videos

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

Massive Israeli strikes hit South Lebanon under ceasefire conditions

2026-06-19

Massive Israeli strikes hit South Lebanon under ceasefire conditions

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

2026-06-16

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

Most read

24 hours

7 days

Month

UNIFIL mandate nears end: UN Security Council weighs future of Lebanon peacekeeping mission

1

UNIFIL mandate nears end: UN Security Council weighs future of Lebanon peacekeeping mission

Lebanon fuel prices rise, gas canister price drops

2

Lebanon fuel prices rise, gas canister price drops

Nepal says dam burst in Tibet, warns rescuers to head to safety: Police

3

Nepal says dam burst in Tibet, warns rescuers to head to safety: Police

Norway's new monarch takes name King Haakon VIII

4

Norway's new monarch takes name King Haakon VIII

China's Xi chairs meeting on Tibet rescue operations: State media

5

China's Xi chairs meeting on Tibet rescue operations: State media

US to set limits on Egyptian bank in effort to pressure Iran: Official

6

US to set limits on Egyptian bank in effort to pressure Iran: Official

President Aoun takes part in blood donation campaign

7

President Aoun takes part in blood donation campaign

UN refugee agency scales back posts and budget for 2027, documents show

8

UN refugee agency scales back posts and budget for 2027, documents show

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More