World Bank Denies Alleged Predictions of Lebanon Collapse

  • Economics
World Bank Denies Alleged Predictions of Lebanon Collapse

The World Bank has been a long-standing partner of Lebanon and the Lebanese people and reiterates its commitment to support its efforts to address the social, financial and economic challenges it is enduring.

Further to recent news circulating on some media outlets and social media attributing to the World Bank an alleged “prediction of Lebanon collapse”, the World Bank deems it necessary to deny these unsubstantiated reports.

The World Bank confirm that it does not issue such predictions and that its economic monitoring, analyses and statements on Lebanon are posted on its official Lebanon Country website.

The World Bank has been a long-standing partner of Lebanon and the Lebanese people and reiterates its commitment to support its efforts to address the social, financial and economic challenges it is enduring.

 

Source: World Bank