Lebanon asks for debt relief to help it deal with the refugee crisis

Share:
Attendees of the Beirut Ministerial Conference.  Lebanese FM Gebran Bassil  is 6th from left
Attendees of the Beirut Ministerial Conference. Lebanese FM Gebran Bassil is 6th from left

Lebanon’s Foreign Minister Jebran Bassil said on Wednesday that the Syrian refugee crisis in Lebanon requires the international community to give debt relief to his country, National News Agency (NNA) reported.

“The refugee crisis needs qualitative solutions by the international community such as debt relief and buying all our agricultural products,” Bassil said at the opening of the Beirut Ministerial Conference on the European Neighborhood Policy Review.

Bassil warned that the crisis has severe economic, social and security repercussions on Syria’s neighboring countries.

Bassil called for “cooperation to dry the sources of Islamic State (IS) thoughts and their financial support coming from states, organizations or individuals.”

According to the United Nations Higher Commission for Refugees (UNHCR), more than 1.2 million Syrians in Lebanon are registered  as refugees with the agency.

The Lebanese authorities claimed that more Syrians have entered the country illegally and are not registered.

The conference is attended by European Commissioner for Enlargement and European Neighborhood Policy Johannes Hahn who signed with Lebanese officials two financing agreements that would grant 38.13 million US dollars in support of national stability and the protection of maritime resources.

XINHUA

Share:

Comments

11 responses to “Lebanon asks for debt relief to help it deal with the refugee crisis”

  1. 5thDrawer Avatar
    5thDrawer

    Greece isn’t getting it … why would Lebanon?? (and don’t tell me Greece doesn’t have refugees…)

  2. 5thDrawer Avatar
    5thDrawer

    There IS ONE WAY for ‘the world’ to straighten out rather quickly … what the Americans should have done for that ‘housing-mortgage-boondoggle’ they created. Simply: ‘ALL DEBTS OF THE WORLD – personal and otherwise – are marked ‘Paid In Full’ … on a ‘surprise day’ … and then we can all begin again, with Lessons Learned.
    Imagine how many people would suddenly find they could once again contribute to a Charity. 😉

    1. MekensehParty Avatar
      MekensehParty

      If you erase the debt, what happens to the money of the lender, people like you and I who invested our hard earned money in bonds?
      Poof?
      A wiser approach would simply be, don’t get loans you know you can’t pay.

      1. 5thDrawer Avatar
        5thDrawer

        Wouldn’t you kiddies be ‘able’ to invest again?? The ‘Lender’ would still have all his gold and cash in his pocket, wouldn’t he?? Everything else is simply ‘futures’, isn’t it?? Notes on paper.
        Of course, I forgot … I speak at the age where I’m considered ‘useless’ because I got a ‘retirement’ which those wonderful ‘Bond Folks’ whittle away in ‘Funds’ even if I don’t try to get some before allowed … I don’t NEED a lot more than I already have, therefore contribute nothing except to grocery stores and the occasional Massage Lady, and should be – if not eliminated – at least forced into selling everything (so you can razz a house and build 5 in it’s place (each selling for more than the one purchased)), and moved into ‘retirement village’ with all the old biddies and the assholes I avoided most of my life … right. I know where I stand … YOU put me in my place.
        ‘THEY’ track me now … they know the age, and probably everything about my finances and they try to figure the odds … I get calls and notices all the time … last one was an ‘unknown number’ which simply asked ‘You Ready To Sell Yet?’ … You will ‘be there’ some day too. 😉

        1. MekensehParty Avatar
          MekensehParty

          come to think of it I have more debts than I have money saved/invested
          I’m fine exchanging my mortgage and the missus’ credit card with my shitty bonds lol
          wipe it clean 5th – I’m all for it!!

          1. 5thDrawer Avatar
            5thDrawer

            Just need to see it in the right perspective. ;-))

          2. Lol aren’t we all

    2. libnan1 Avatar

      Too much scotch … Try Tequila 🙂

  3. Michaelinlondon1234 Avatar
    Michaelinlondon1234

    More than half a billion is pumped in to the Lebanese economy each year in various forms of aid.

  4. libnan1 Avatar

    The Lebanese economy will flourish after the creation of Greater Lebanon in which the Alwaites and the Christians areas of Syria join Lebanon. I believe at that time most of Lebanese Sunnis will leave Lebanon to join their brothers in forming the Islamic state.

    1. MekensehParty Avatar
      MekensehParty

      I just wonder what school you have NOT attended

Leave a Reply