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03/03/2017
Meeting with a delegation from the Islamic Bank

The President of the Council for Development and Reconstruction, Eng. Nabil El Jisr, met in his office in the presence of CDR working group, the Islamic Development Bank delegation. During the meeting, they signed a Memorandum of Understanding between the President of CDR and representatives of the Islamic Development Bank on evaluation of the emergency project for the restoration of health care services for the benefit of the Lebanese people and displaced Syrians in Lebanon, in the framework of joint cooperation with the World Bank, the international financial initiative to support the countries affected by the events. Several subjects related to the evaluation of the components of the project, its financing and its implementation were negotiated. The total cost of the project is estimated at US$ 150 million.  The amount of US$ 50 million should be provided by  the Islamic Development Bank and US$ 100 million by the World Bank.



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