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Beirut, June 16, 2020: Further to recent news circulating on some media outlets and social media attributing to the World Bank an alleged “prediction of Lebanon collapse”, the World Bank deems it necessary to deny these unsubstantiated reports. The World Bank wishes to confirm that it does not issue such predictions and that its economic monitoring, analyses and statements on Lebanon are posted on its official Lebanon Country website. The World Bank has been a long-standing partner of Lebanon and the Lebanese people and reiterates its commitment to support its efforts to address the social, financial and economic challenges it is enduring.
Contacts

Ashraf Al-Saeed

aalsaeed@worldbank.org
In Washington:

Zeina El Khalil

zelkhalil@worldbank.org
In Beirut:

About The World Bank

The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and innovative solutions that improve lives by creating jobs, strengthening economic growth, and confronting the most urgent global challenges. For more information, please visit www.worldbank.org, www.miga.org, and www.ifc.org.

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OMBC

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