World Bank says ready to mobilize financing for Lebanon blast recovery


  • World
  • Thursday, 06 Aug 2020

People walk past damaged buildings and vehicles following Tuesday's blast in Beirut's port area, Lebanon August 5, 2020. REUTERS/Carmen Yahchouchi

WASHINGTON (Reuters) - The World Bank Group said on Wednesday it stands ready to assess Lebanon's damage and needs after a devastating Beirut port explosion and will work to help mobilize public and private financing for reconstruction and recovery.

The World Bank said in a statement that it "would be also willing to reprogram existing resources and explore additional financing to support rebuilding lives and livelihoods of people impacted by this disaster."

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