AMMAN Approved on Saturday by the World Bank Group Board of Executive Directors, the Performance and Learning Review (PLR) summarises the progress of the World Bank Group (WBG) Country Partnership Framework (CPF) for Jordan for the fiscal years 2017-2022, and adds a new CPF pillar focused on COVID-19 response and green, resilient and inclusive recovery.
World Bank: Beirut Port damage cost is $350mln
The World Bank Tuesday estimated the cost of damage at Beirut Port from the Aug. 4, 2020 blast at $350 million, but insisted that reforming this facility should be one of the conditions before rebuilding it.
“Reforming Lebanon’s port sector is a prerequisite for building back a better Port of Beirut and revitalizing the Lebanese economy,” according to a new World Bank note that aims to provide guidance to policymakers on the crucial additional requirements for the rebuilding of the port.
The World Bank’s Rapid Damage and Needs Assessment estimated the cost of damage at Beirut Port around $350 million.
Deepened, prolonged poverty affects Syrian refugees and their hosts December 17, 2020
Handicrafts class for Syrian refugee children at a recreational center in Zouq Bhannine Informal Tented Settlement, Lebanon.
AMMAN The impact of COVID-19 on poverty levels among Syrian refugees and host communities in Jordan, Lebanon and the Kurdistan Region of Iraq (KRI) has been severe and profound in 2020.
An estimated 4.4 million people in host communities, close to 1 million Syrian refugees and 180,000 internally displaced Iraqis in KRI were newly affected by poverty after the beginning of the crisis, according to a new joint study by the World Bank and the UN Refugee Agency (UNHCR).