Monday, December 28, 2015

Parliament passes 38 awaited economic laws. Includes loans and grants for infrastructure works


The Parliament has passed 38 draft laws and decrees that were related to grants and loans. The approval of these funds were approaching their deadlines, and starting to affect the country's financial outlook.

Around $600 million worth of loans and grants have been sanctioned. These include two loan agreements with the European Investment Bank (EIB) for funding highway projects and the construction of the Bisri Dam. Other laws include the ratification of loan agreements with the Arab F...

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