06-04-2018 17:35 via yahoo.com

Lebanon donor conference raises billions

International donors pledged $11 billion in low-interest loans and aid for Lebanon at a conference in Paris on Friday to try to avert an economic crisis in a country hard hit by the fallout from the Syrian war.Lebanon's growth has plummeted due to political instability, with the effect compounded by the Syrian conflict which has sent a million refugees across the border -- equivalent to a quarter of the Lebanese population before the conflict.Some 40 countries sent representatives to the CEDRE c
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