World Bank Helps LebanonLebanon is a country located in the Middle East, facing the Mediterranean Sea and bordering Syria, Jordan and Israel. Lebanon’s biggest obstacle is its proximity to the Syrian Conflict, which has economically hindered Lebanon. According to The World Bank, poverty is predicted to worsen; approximately 200,000 Lebanese were forced into poverty due to the Syrian Crisis. Fortunately, The World Bank is helping Lebanon progress as a sovereign state.

Five Ways the World Bank Helps Lebanon

1. The World Bank financially supports the implementation of the Greater Beirut Water Supply Project.

The World Bank is helping Lebanon by advancing its infrastructure. Due to the high volume of refugees in Beirut, there have been many problems with accessing clean water. Several areas surrounding Beirut do not have safe, drinkable water. This project provides clean water to low-income neighborhoods in Beirut, the capital of Lebanon. The initiative was approved on June 15, 2018, and the project will end on November 30, 2020.

2. The World Bank is leading a $400 million project to increase employment opportunities.

The World Bank is helping Lebanon with their economy, which came to a standstill after the displacement of Syrian refugees. About 1.1 million Syrian refugees are living in Lebanon currently, which is 25 percent of its population. This project is called “Creating Economic Opportunities in Support of the Lebanon National Jobs Program” and will create 52,000 permanent jobs and 12,000 temporary jobs. This will definitely increase career opportunities throughout the country as well as increase employment so that individuals can improve their livelihoods.

3. The World Bank is one of the main creators of the “Lebanon Youth Advisory Group”.

The World Bank is helping Lebanon by empowering and engaging its youth. The Youth Advisory Group (YAG) acts as a liaison between the younger population of Lebanon and The World Bank. Young adults between the ages of 20-25 join YAG and discuss how The World Bank’s influence affecting the youth. YAG participates in the decision-making process for new initiatives spearheaded by The World Bank, who actively converses with the organization to start new projects. YAG provides students and young adults a voice within the education and political systems.

4. The World Bank funds The Greater Beirut Public Transport Project.

The Greater Beirut Public Transport Project will “improve the speed, quality and accessibility of public transportation for passengers in the Greater Beirut Area”. The World Bank continues to support Lebanon’s infrastructure. Access to the city allows individuals to travel to work. It also permits individuals to move from place to place at an inexpensive cost; this will increase accessibility to the city, which could potentially have economic benefits. Safety is also a priority within this initiative, therefore, it will also fund pedestrian bridges and crossings. Overall, the project will offer a more secure and accessible urban environment for the people of Beirut.

5. The World Bank approved the Land Administration System Modernization Project in Lebanon.

The Land Administration System Modernization Project costs about $43 million and it will make the retrieval of property rights data and land use information much easier to attain. The objective of this project is to facilitate processes related to Property Valuation and State Land Management. Ultimately, this intelligence will provide insight for all “planning and value-adding services in the nation”. This project is a victory for institutional transparency and development.

The World Bank is helping Lebanon improve their infrastructure, employment rates, political systems and beyond. It continues to better Lebanon so that it can thrive economically. Lebanon is currently facing a multitude of issues, yet The World Bank has been an important ally in their struggles. They have been a crucial ally to Lebanon in this time, as the projects above reflect.

– Diana Hallisey
Photo: Flickr