Qatar Unlocks $434M to Revive Lebanon’s Crisis-Stricken Energy Sector
The Qatar Fund for Development announces a $434.2 million package for Lebanon, including $400 million earmarked for the energy sector. This aid follows commitments made after the conflict between Israel and Hezbollah.
| Countries | Israël, Iran, Liban, Qatar |
|---|---|
| Companies | Banque Mondiale |
| Sector | Gaz, Énergie Éolienne, Énergie Solaire |
| Theme | Investissements & Transactions |
The Qatari development fund announced the release of $434.2 million for Lebanon. According to the Qatar Fund for Development, these funds would benefit more than 1.5 million people. The bulk of this package, $400 million, would be dedicated to developing the energy sector. The fund specifies that 10% of this amount would be allocated as a grant.
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