Published by
Al-Araby
Al-Araby
Lebanon is close to reaching an agreement with the World Bank in which the international agency would give the crisis-hit country a $150 million loan for food security and to stabilise bread prices for the next six months, the economy minister said Tuesday. Amin Salam told The Associated Press that the government does not have immediate plans to lift bread subsidies, especially for flour used in making flat Arabic bread, the main staple in Lebanon. Lebanon is in the grip of a devastating economic crisis that has been described as one of the worst in modern history. It imports most of its wheat…