Jaber: We did not provide an advance to Electricité du Liban, but a budget allocation
Finance Minister Yassine Jaber confirmed, as he entered the Cabinet session, that what was provided to Electricité du Liban was not an advance, but an additional budget allocation, considered as dues owed by the Lebanese state…
Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.
Electricity supply and reform
Does the announcement concern financing, fuel, grid repairs or electricity actually delivered?
A 2019 IMF paper examined electricity-sector inefficiencies and the proposed reform plan. The sector’s problems therefore predate the recent announcements.
IMF · 2019 ↗In October 2024, the World Bank announced approval of a $250 million project for renewable energy, grid services and reforms in Lebanon. Project approval does not establish that works are complete or that supply has improved.
World Bank · 2024 ↗
Sources checked: 2026-11-04
