Lebanon's parliament backs $556M cash subsidy
As Lebanon grapples with an economic crisis, qualifying families would receive up to $137 per month to help cover basic goods.
Lebanon’s parliament on Wednesday approved the distribution of $556 million on prepaid cash cards to half a million struggling families in the cash-strapped country.
Under the new law, households that qualify will receive up to $137 a month to help purchase necessities over the next year. A government official told Agence France-Presse that Beirut hopes to use World Bank loans to cover $300 million of the $556 million program.
