BEIRUT, 26 Jauary 2023, (TON): The United States is rerouting $72 million of America’s assistance to Lebanon to help the country’s cash-strapped government boost wages of its soldiers and police officers, the US ambassador said.
Washington is a key donor of the Lebanese Army and its 80,000 members, providing over $3 billion in military aid since 2006. The announcement Wednesday is the first time the US is allocating funds for wages of security personnel in Lebanon.
Lebanon is struggling with an unprecedented economic crisis, one that the World Bank says is among the worst worldwide since the 1850s.
Three-quarters of the population live in poverty, while the Lebanese pound has lost over 90 percent of its value against the dollar.