Lebanon Businessnews News

$190 million social aid package from EU
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The European Union has allocated a €165 million ($190 million) support package for Lebanon through the EU Regional Trust Fund.

The aid is intended to strengthen the country’s public education and social assistance systems.

The EU set aside €100 million ($115 million) in the aid package for public education, to guarantee that all children have access to inclusive and quality education. The EU is working with the Ministry of Education and Higher Education (MEHE), and its regional offices and schools to ensure the sustainability of the system.

A further €52 million ($60 million) of the aid will provide socio-economic support to vulnerable local populations and Syrian refugees. The EU is cooperating with the Ministry of Social Affairs for the development of the national social assistance system.

The EU earmarked €13 million ($15 million) to support Palestinian refugees from Syria affected by the crisis. The funds will help refugees meet their essential daily needs and cope with sudden crises.

The EU has provided Lebanon more than €1.5 billion ($1.7 billion) in support since 2012.
Reported by Rania Ghanem
Date Posted: Jun 21, 2018
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