Portuguese / Spanish / English

US approves $47m in aid to crisis-hit Lebanon army

WASHINGTON, DC - MAY 20: U.S. President Joe Biden delivers remarks on the conflict in the Middle East from the White House on May 20, 2021 in Washington, DC. Israel and Hamas announced that they would agree to a cease-fire, which will take into effect on Friday, following days of fighting that claimed more than 200 lives. (Photo by Anna Moneymaker/Getty Images)
US President Joe Biden in the White House on May 20, 2021 in Washington, DC [Anna Moneymaker/Getty Images]

US President Joe Biden yesterday authorised an aid package worth $47 million to the Lebanese army.

Biden issued a memorandum authorising Secretary of State, Antony Blinken, to withdraw up to $25 million in commodities and services from the US government to provide immediate assistance to the Lebanese Armed Forces.

He has also authorised Blinken to withdraw up to $22 million in "defense articles and services from the Ministry of Defense" to provide immediate assistance to the Lebanese Armed Forces.

Last week, a delegation from the US Senate visited Beirut and met with a number of officials.

Lebanon is facing a severe economic crisis, with the local currency losing nearly all of its value against the dollar. The deep economic meltdown is threatening its stability. The World Bank has called it one of the deepest depressions of modern history.

It has been operating under a caretaker government since August 2020 after the cabinet of Prime Minister Hassan Diab resigned following the massive Beirut port blast.

READ: Lebanon raises fuel prices by 66% as it tries to ease shortages

Categories
Asia & AmericasLebanonMiddle EastNewsUS
Show Comments
Show Comments