Lebanon: Macron pledges 100 mn euros

At donors' conference

04 August, 17:09

    (ANSAmed) - PARIS, AUG 4 - France has pledged 100 million euros to attempt to save Lebanon from collapse. The announcement was made on Wednesday by French President Emmanuel Macron at the start of the new international conference of donors for Lebanon, which has been hit for nearly two years by the worst financial crisis of the past decades.

    The conference opened virtually at the initiative of France and the United Nations on the first anniversary of the devastating explosion of Beirut's port on August 4 last year in which over 200 people died.

    Macron said this new installment of aid promised is a "new pledge" of Paris "in direct support to the Lebanese population".

    France has organized more international meetings over the last few months to raise funds for Lebanon.

    According to western diplomatic sources quoted on Wednesday by Lebanese and French media, the United Nations with today's conference are attempting to raise over 350 million euros for the Lebanese economy. In March 2020, the government of Beirut announced the collapse of the country's financial system.


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