The World Food Programme will give $5.4 billion in aid over the next three years to Lebanon, which is grappling with a devastating economic crisis that has plunged much of the population into poverty.
The announcement came after a meeting between caretaker Prime Minister Najib Mikati and the WFP’s Lebanon office representative Abdallah Alwardat.
Mr Alwardat said the aid would be extended to about one million Lebanese and one million Syrian refugees.
Mr Mikati said the aid should be “divided equally between the Lebanese and the Syrian refugees”.
Lebanon, which is heavily reliant on imports, has a population of about six million, including more than one million Syrian refugees who have fled their country’s civil war over the past decade and live in poverty. Meanwhile, Lebanon’s first cholera outbreak in three decades has hit Syrian refugee camps in border areas particularly hard.
The WFP once allocated $700 million in food assistance to Lebanon every year, and upped that to $1.3 billion in 2022. Its assistance has included aid to children and farmers. Now, it has set aside $5.4 billion for the 2023-2025 period, Mr Mikati said.
“I also [insisted] that the products purchased for the purpose of food aid be entirely from Lebanon and I was promised that this would happen,” he said after meeting Mr Alwardat.
Mr Mikati said the increase in food aid to Lebanon came after the recent meeting of the WFP’s executive board in Rome.
An economic crisis that first became apparent in 2019 has led the local currency to plunge in value by more than 95 per cent and food costs have soared. More than 80 per cent of people in Lebanon now live in poverty.
There are also widespread shortages of clean water, bread, electricity, medicines and other basic supplies.
There are fears that a governance vacuum, with MPs failing to agree on a successor to former president Michel Aoun and Mr Mikati unable to form a new government for months, will only exacerbate the crisis further.
US charges Sam Bankman-Fried with defrauding investors
The US Securities and Exchange Commission (SEC) has charged Sam Bankman-Fried with "orchestrating a scheme to defraud investors" in the failed cryptocurrency exchange FTX. The former FTX boss was arrested on Monday. Mr Bankman-Fried built a "house of cards on a...
Medina County Scam Squad coming to residents’ rescue
Both local and widespread scams have been claiming victims for years, continuing to increase and change as technology and other factors evolve. To combat this, the Medina County Office of Older Adults and the Medina County Prosecutor’s Office have worked together to...
Submit your event
We will be happy to share your events. Please email us the details and pictures at publish@profilenewsohio.com
Address
P.O. Box: 311001 Independance, Ohio, 44131
Call Us
+1 (216) 269 3272
Email Us
Publish@profilenewsohio.com