Beirut, January 16 (SocialNews.XYZ) The World Bank has approved a loan of USD 257.8 million. Dollar financing to improve water services in Greater Beirut and Mount Lebanon.
According to Xinhua News Agency, in a statement issued by the World Bank, the 2nd Beirut Metropolitan Water Supply Project will finance the completion of large-scale water infrastructure that was initiated and promoted under previous projects and that was damaged by the conflict. He said he would repair any water infrastructure that may have been damaged.
The project aims to expand water coverage for 1.8 million people living in Greater Beirut and Mount Lebanon and significantly reduce dependence on private water tankers, which are up to 10 times more expensive, the report said. This infrastructure investment has helped increase surface water supplies from 24 percent to an average of 70 percent of dry season demand, it added.
“The Second Beirut Metropolitan Water Supply Project reflects the World Bank’s continued commitment to supporting Lebanon’s long-term development needs despite recent conflicts and repeated crises,” World Bank Middle East said Jean-Christophe Carrette, Country Director of the Department.
Despite being one of the rainiest countries in the region, Lebanon faces a lack of available water, mainly due to concentrated seasonal rainfall and insufficient surface water storage. I’m doing it.
The statement said climate change could halve the amount of water available during the dry season by 2040, making flooding and drought more severe.
Earlier, Jean-Christophe Carrette, World Bank Country Director for the Middle East Department, expressed his intention to cooperate with the Lebanese government in rebuilding the country.
Kallet made the remarks during a meeting with Navi Berri, Speaker of the Lebanese Parliament, during which they discussed reconstruction projects and programs, including debris removal, infrastructure reconstruction, and rehabilitation of industrial and agricultural facilities.
Berri praised “the World Bank’s willingness and readiness to respond to and engage with Lebanon in rebuilding and addressing the impact of Israel’s aggression.”
He also asked about the details of the plan being prepared by the World Bank, saying, “This plan includes reclaiming land and getting farmers, industrialists and small business owners back on their feet within a period not exceeding the end of life.” This must include securing financing to make it possible.” This year. ”
According to the World Bank, the physical damage and economic losses from the Hezbollah-Israel conflict in Lebanon are estimated at $8.5 billion.
Source: IANS
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