Lebanon's parliament approves 150 mln USD World Bank loan to import wheat

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Lebanon's parliament approves 150 mln USD World Bank loan to import wheat

STORY: Lebanon's parliament approves 150 mln USD World Bank loan to import wheat DATELINE: July 27, 2022 LENGTH: 00:03:23 LOCATION: Beirut CATEGORY: ECONOMY/POLITICS SHOTLIST: 1. various of the interview 2. SOUNDBITE 1 (Arabic): AMIN SALAM, Lebanon's Minister of Economy and Trade 3. SOUNDBITE 2 (Arabic): AMIN SALAM, Lebanon's Minister of Economy and Trade 4. various of people buying bread STORYLINE: Lebanon's parliament on Tuesday approved a 150 million U.S. dollars World Bank loan to import wheat, as shortages of subsidized bread intensified in the crisis-hit country. Lebanon's Minister of Economy and Trade Amin Salam said at a press conference that the loan will secure bread supply for the Lebanese people over a period of six to nine months while increasing its price slightly to 13,000 Lebanese pounds (0.4 U.S. dollars) instead of witnessing a rise in the price to 40,000 LBP and 50,000 LBP. Salam added that the loan will work on securing bread needs for citizens until the government is able to secure f

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