Qatar will help revive Lebanon’s economy by fixing its power grid and rebuilding the war-damaged south, prime minister said

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Qatar has pledged to help Lebanon revive its struggling economy by rehabilitating its crumbling electricity sector and supporting the reconstruction of the war-devastated south. Doha will fund and implement a solar power plant project in Lebanon in partnership with TotalEnergies at no cost to the Lebanese state. Lebanon’s state electricity company is one of the country’s biggest sources of debt, hemorrhaging about $40 billion over the past decades. Qatar has also provided tens of millions of dollars to the Lebanese army since the country’s economic meltdown began in 2019. About 300,000 people remain displaced in Lebanon following the Israel-Hezbollah war.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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