News
Newsfeed
News
Saturday
August 20
USD
405.15
EUR
407.5
RUB
6.87
Show news feed

Qatar has allocated $60 million to the Lebanese armed forces, the country's foreign ministry said.

The announcement is made as part of Qatar's strong commitment to supporting Lebanon, the ministry said in a statement.

Lebanon is grappling with an unprecedented financial crisis, which the World Bank has described as one of the worst on the planet since the 1850s.

The small Mediterranean country defaulted on its debt in 2020, the local currency has lost about 90 percent of its value on the black market, and the UN considers four out of five Lebanese poor.

The economic crisis undermined the salaries of soldiers and cut the military budget for maintenance and equipment.

The Lebanese army said in 2020 it had eliminated meat from the meals offered to soldiers due to rising food prices. And in June last year, she announced that she would offer tourists helicopter flights to replenish her treasury.

Lebanese military sources told AFP that Qatar's bailout will help pay the salaries of Lebanese soldiers.

Qatar's statement was made during a visit by Gulf Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani to Lebanon.

!
This text available in   Հայերեն and Русский
Print
Read more:
All
Photos