Qatar will help revive Lebanon’s economy by fixing its power grid and rebuilding the war-damaged south, prime minister said
Source: Fortune ·
Qatar has also given tens of millions of dollars to the Lebanese army since the country's economic meltdown began in 2019
From the source
Qatar will help Lebanon revive its struggling economy, including by rehabilitating its crumbling electricity sector and supporting the future reconstruction of the country’s south, the Qatari prime minister said Friday. Qatar will continue to support the Lebanese army “as a national institution that safeguards the country’s security, unity and stability,” Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said after meeting in Beirut with his Lebanese counterpart Nawaf Salam. For years, Qatar has been a friendly country to Lebanon and a mediator for domestic and international political crises in the region. Qatar has also given tens of millions of dollars to the Lebanese army since Lebanon’s economic meltdown began in 2019. The Qatari official said that QatarEnergy has reached an agreement with French company TotalEnergies to jointly develop a solar power plant in Lebanon as an initial project. He said that the aim is to develop a major investment project “that would…