Lebanon explosion: Donors pledge nearly $300 million in emergency aid

The French presidency said this amount is including 30 million euros from France

beirut explosion
An image of Beirut explosion. Credit: Reuters
AP| PTI
1 min read Last Updated : Aug 10 2020 | 1:09 AM IST
French organisers say international donors have pledged a total of 252.7 million euro ($298 million) in emergency aid during conference for Lebanon.

The French presidency said this amount is including 30 million euros from France. Donors promised to provide emergency aid focusing on medicine and hospitals, schools, food and housing.

French President Emmanuel Macron, who was the first foreign leader to visit Lebanon after Beirut devastating explosion, co-organised the conference with the United Nations on Sunday.

International leaders, government officials and international organisation participated, including President Donald Trump.

The rebuilding needs of Lebanon are immense, but so is the question of how to ensure the millions of dollars promised in international aid is not diverted in a country notorious for missing money, invisible infrastructure projects and its refusal to open the books.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :LebanonEmmanual macron

Next Story