The World Bank has approved a $295 million package to overhaul the transport sector.
The Greater Beirut Public Transport Project (GBPTP) is expected to ease congestions on roads and unlock private finance in the infrastructure sector.
The project will be financed by a $225 million loan. The Global Concessional Financing Facility (GCFF) will contribute another $70 million on a grant basis. The GCFF provides low- or no-interest financing packages to middle-income countries, whose ec...
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