Lebanon’s 50% population registers for World Bank’s social safety plan

February 1, 2022

Lebanese Minister of Social Affairs Hector Hajjar said that about 50 per cent of the country’s population have registered for social assistance through the social safety net financing plan funded by the World Bank…reports Asian Lite News

A total of 550,000 families, or 3.5 million individuals, have registered for cash assistance, mostly from areas in Akkar, Baabda and Tripoli, Xinhua news agency quoted Hajjar as saying on Monday.

“Each family will receive a fixed amount of $25 monthly, and an extra $20 for each child in the family, for up to six children,” he explained.

Funded by a World Bank loan of $246 million, the social safety net financing plan aims at helping the most vulnerable families in Lebanon which has been going through its worst economic and financial crisis with a poverty rate exceeding 75 per cent.

ALSO READ: Lebanon’s crisis forces more youth to drop out of school Unicef

Hajjar noted that registrations for the cash assistance revealed that around 250,000 Lebanese families or 2.5 million individuals live under the extreme poverty line.

Previous Story

Qatar welcomes tourism drive ahead of FIFA World Cup Qatar 2022

Next Story

Oman Defence Ministry’s Secretary-General, Army Chief General Naravane, discusses bilateral defence cooperation

Latest from Arab News

UN Reactivates Sanctions on Iran

Iran President Masoud Pezeshkian insisted last week that the country had no intention of developing nuclear weapons….reports Asian Lite News The United

UAE seeks peace in Gaza

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, met with Benjamin Netanyahu, Prime Minister of

Don't Miss