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التيار الوطني الحر
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التيار الوطني الحر

2026-11-12T11:47:49.000Z

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التيار الوطني الحر

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Bassil Opposes Loan Cuts

Bassil Opposes Loan Cuts

During a parliamentary session, Free Patriotic Movement leader Gebran Bassil criticized an attempt to cancel three loans for projects that include the southern coastal highway, expanding drinking-water supplies to Greater Beirut, and establishing the Faculty of Health in Fanar. He called for clarification on whether the decision had been made by the government or imposed by the World Bank. He warned that the money already spent on water projects could go to waste, noting that spending on the Bisri and Awali projects had reached about $387 million, in addition to $160 million for land expropriation. He also questioned the cancellation of a $35 million loan for a hydroelectric plant and of the loan for the Wardaniyeh plant project, which was expected to cost about $45 million. Bassil called for loans to be assessed according to their development and economic importance. He also backed completing the Barhliyoun–Bqaa Kafra–Bsharri road link, saying most of it had already been built and only a short stretch remained.

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