Lebanon urges continued World Bank support for recovery-Xinhua

Lebanon urges continued World Bank support for recovery

Source: Xinhua

Editor: huaxia

2025-11-07 23:33:00

BEIRUT, Nov. 7 (Xinhua) -- Lebanese President Joseph Aoun on Friday highlighted the World Bank's "pivotal role in supporting Lebanon," urging continued cooperation to support the country's recovery.

"It is essential that the World Bank remains by Lebanon's side during this critical stage and continues constructive cooperation to achieve recovery and sustainable growth," Aoun said, according to a statement released by the Lebanese presidency.

Aoun made his remarks during a meeting with a World Bank delegation from the bank's Board of Directors.

The discussions reaffirmed the depth of the partnership between Lebanon and the World Bank, which has spanned nearly 70 years.

The president reviewed progress in governance reforms and ongoing cooperation with the International Monetary Fund aimed at restoring confidence in Lebanon's financial system and attracting investment. He commended the World Bank's policy of linking financial support to reforms, saying it promotes accountability and yields tangible progress.