12 billion US dollars are already requested by Lebanese officials t from the international community to invest in development of local infrastructure. This spending on infrastructure over the next seven years is essentail to deal with the huge presence of Syrian refugees in the country. Prime Minister Saad Hariri’s adviser on Syrian refugees said : “We estimate that we need around $1.5 billion in investments in infrastructure each year. The Council of Development and Reconstruction is working on a master plan for the needs of Lebanon and we will send this report to the international community, World Bank and other international banks to obtain long-term loans with a 1.4 percent interest only.” On April 5, representatives from 70 national delegations, major donors and humanitarian and development organizations met in Brussels to raise funds for countries hosting Syrian refugees. At the conference, Hariri urged the international community to finance major infrastructure projects ...
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