Lebanon Donors Conference--Paris III

Paul Wolfowitz, President of the World Bank, remarked that Lebanon stands at a critical crossroad in the wake of the war in the previous summer. Lebanon now needs to go beyond reconstruction. He reviewed the implementation of the Lebanese Government’s economic and social reform program. The World Ba...

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Main Author: Wolfowitz, Paul
Format: Speech
Language:English
en_US
Published: 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/02/25926480/lebanon-donors-conference-paris-iii-paris-france-paul-wolfowitz-president
http://hdl.handle.net/10986/24901
id okr-10986-24901
recordtype oai_dc
spelling okr-10986-249012021-04-23T14:04:20Z Lebanon Donors Conference--Paris III Wolfowitz, Paul TRUCE GRANT EMERGENCY IMF PROCUREMENT WAR IBRD RISK FINANCIAL MANAGEMENT STRONG LEADERSHIP BANK GOVERNMENT CIVIL SOCIETY NATIONS PRIME MINISTER BAN INTERNATIONAL DONORS VIOLENCE LEADERSHIP CIVIL WAR ECONOMY DAMAGE MINISTER CONFIDENCE MEDIUM PRIVATE SECTOR DEVASTATION DAMAGES SAFETY CONFLICT RECONSTRUCTION GRANTS IFC Paul Wolfowitz, President of the World Bank, remarked that Lebanon stands at a critical crossroad in the wake of the war in the previous summer. Lebanon now needs to go beyond reconstruction. He reviewed the implementation of the Lebanese Government’s economic and social reform program. The World Bank Group is providing financing support in three areas: first, the unprecedented step of providing grants from World Bank Group income for recovery and reconstruction. Second, the International Finance Corporation will provide 250 to 275 million dollars in financing for Lebanon’s financial and business community, including a guarantee program for small and medium-sized enterprises and a trade finance facility. Third, the Bank extended up to 700 million dollars in IBRD financing to support the implementation of the Government’s program, particularly its efforts to stimulate growth and to meet the needs of the poorest and most vulnerable elements of the population. The Bank is prepared to continue and intensify efforts in assisting the Government to implement its programs, to build institutional capacity, to improve procurement and financial management to undertake sector reforms, with a particular focus on those sectors such as power, which are key to the overall success of the program.The people of Lebanon have called on the world to help revive their economy. We have an opportunity to restore hope and stability that the Lebanese people and their children so deeply deserve. 2016-08-17T13:32:45Z 2016-08-17T13:32:45Z 2007-01-25 Speech http://documents.worldbank.org/curated/en/2016/02/25926480/lebanon-donors-conference-paris-iii-paris-france-paul-wolfowitz-president http://hdl.handle.net/10986/24901 English en_US Paris, France, January 25, 2007; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Speech Middle East and North Africa Lebanon
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TRUCE
GRANT
EMERGENCY
IMF
PROCUREMENT
WAR
IBRD
RISK
FINANCIAL MANAGEMENT
STRONG LEADERSHIP
BANK
GOVERNMENT
CIVIL SOCIETY
NATIONS
PRIME MINISTER
BAN
INTERNATIONAL DONORS
VIOLENCE
LEADERSHIP
CIVIL WAR
ECONOMY
DAMAGE
MINISTER
CONFIDENCE
MEDIUM
PRIVATE SECTOR
DEVASTATION
DAMAGES
SAFETY
CONFLICT
RECONSTRUCTION
GRANTS
IFC
spellingShingle TRUCE
GRANT
EMERGENCY
IMF
PROCUREMENT
WAR
IBRD
RISK
FINANCIAL MANAGEMENT
STRONG LEADERSHIP
BANK
GOVERNMENT
CIVIL SOCIETY
NATIONS
PRIME MINISTER
BAN
INTERNATIONAL DONORS
VIOLENCE
LEADERSHIP
CIVIL WAR
ECONOMY
DAMAGE
MINISTER
CONFIDENCE
MEDIUM
PRIVATE SECTOR
DEVASTATION
DAMAGES
SAFETY
CONFLICT
RECONSTRUCTION
GRANTS
IFC
Wolfowitz, Paul
Lebanon Donors Conference--Paris III
geographic_facet Middle East and North Africa
Lebanon
relation Paris, France, January 25, 2007;
description Paul Wolfowitz, President of the World Bank, remarked that Lebanon stands at a critical crossroad in the wake of the war in the previous summer. Lebanon now needs to go beyond reconstruction. He reviewed the implementation of the Lebanese Government’s economic and social reform program. The World Bank Group is providing financing support in three areas: first, the unprecedented step of providing grants from World Bank Group income for recovery and reconstruction. Second, the International Finance Corporation will provide 250 to 275 million dollars in financing for Lebanon’s financial and business community, including a guarantee program for small and medium-sized enterprises and a trade finance facility. Third, the Bank extended up to 700 million dollars in IBRD financing to support the implementation of the Government’s program, particularly its efforts to stimulate growth and to meet the needs of the poorest and most vulnerable elements of the population. The Bank is prepared to continue and intensify efforts in assisting the Government to implement its programs, to build institutional capacity, to improve procurement and financial management to undertake sector reforms, with a particular focus on those sectors such as power, which are key to the overall success of the program.The people of Lebanon have called on the world to help revive their economy. We have an opportunity to restore hope and stability that the Lebanese people and their children so deeply deserve.
format Speech
author Wolfowitz, Paul
author_facet Wolfowitz, Paul
author_sort Wolfowitz, Paul
title Lebanon Donors Conference--Paris III
title_short Lebanon Donors Conference--Paris III
title_full Lebanon Donors Conference--Paris III
title_fullStr Lebanon Donors Conference--Paris III
title_full_unstemmed Lebanon Donors Conference--Paris III
title_sort lebanon donors conference--paris iii
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/02/25926480/lebanon-donors-conference-paris-iii-paris-france-paul-wolfowitz-president
http://hdl.handle.net/10986/24901
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