Lebanon launches $797m stimulus package to cover costs of COVID-19

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Updated 17 April 2020
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Lebanon launches $797m stimulus package to cover costs of COVID-19

  • The PM the epidemic has worsened the country’s decades-old economic, financial and social crises, and has made “the situation more difficult and critical”

DUBAI: Lebanese Prime Minister Hassan Diab has allocated 1.2 trillion Lebanese pounds ($797 million) to cover the costs of COVID-19, which has forced industries across the globe to shut down.

He said the fund would “help daily workers in the public sector, support the health sector and farmers, and give small industrial enterprises subsidized loans to stimulate the national industry.”

Diab added the epidemic has worsened the country’s decades-old economic, financial and social crises, and has made “the situation more difficult and critical.”

The Lebanese leader made the statement amid strict lockdown measures that have been implemented in Lebanon to curb the spread of the virus.

Diab said the government was in talks to create a plan to restart the economy and gradually lift the restrictions.


UN chief says those behind ‘unacceptable’ Homs attack must face justice

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UN chief says those behind ‘unacceptable’ Homs attack must face justice

  • France says the "terror" attack is designed to destabilize the country

UNITED NATIONS/PARIS: United Nations chief Antonio Guterres strongly condemned the deadly attack on Friday prayers at a mosque in the Syrian city of Homs, and said the perpetrators should be brought to justice.
“The Secretary-General reiterates that attacks against civilians and places of worship are unacceptable. He stresses that those responsible must be identified and brought to justice,” spokesman Stephane Dujarric said in a statement.
The explosion killed at least eight worshippers at a mosque in a predominantly Alawite area of Homs, with an Islamist militant group claiming responsibility.

France also condemned the attack, calling it an “act of terrorism” designed to destabilize the country.
The attack “is part of a deliberate strategy aimed at destabilizing Syria and the transition government,” the French foreign ministry said in a statement.
It condemned what it said was an attempt to “compromise ongoing efforts to bring peace and stability.”
The attack, during Friday prayers, was the second blast in a place of worship since Islamist authorities took power a year ago, after a suicide bombing in a Damascus church killed 25 people in June.
In a statement on Telegram, the extremist group Saraya Ansar Al-Sunna said its fighters “detonated a number of explosive devices” in the Imam Ali Bin Abi Talib Mosque in the central Syrian city.