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Bisri Dam
The Bisri Dam is a planned dam on the Bisri river in Lebanon. The dam is part of the Lebanon Water Supply Augmentation project, with water management as the primary purpose. The project is organised by the Government of Lebanon in order to tackle the water problems in Lebanon and specifically in the Greater Beirut and the Mount Lebanon area. The expected funding for the project was coming from the World Bank, the Islamic Development Bank, and the Government of Lebanon, and it is executed by the Lebanese Council for Development and Reconstruction. The Bisri dam project started on September 30, 2014, and is projected to end by June 30, 2024. The dam is planned to be located 35 kilometres south of Beirut in Bisri Valley close to the village of Bisri. Due to its impact on the environment, archaeological sites, agriculture and its seismic risk the dam project is subject to opposition from civil society, political parties, adjacent municipalities and also internationally. On April 17, 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bisri River
The Awali ( ar, نهر الأولي / ALA-LC: ''Nahr al-Awalī'', ancient Bostrenus / Bostrenos) is a perennial river flowing in Southern Lebanon. In ancient times it was known as the River Asclepius. It is long, originating from the Barouk mountain at a height of and the Niha mountain. The Awali is supplemented by two tributaries, the Barouk and Aaray rivers. The Awali is also known as the Bisri river in its upper section; it flows through the western face of Mount Lebanon and into the Mediterranean. The Awali river has a discharge of , it forms a watershed that has an area of about . The river flows into Joun Lake, which is part of the Bisri Dam project to improve the supply of fresh water to the region. A large portion of the Bisri Dam project funding, from the World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beqaa Valley
The Beqaa Valley ( ar, links=no, وادي البقاع, ', Lebanese ), also transliterated as Bekaa, Biqâ, and Becaa and known in classical antiquity as Coele-Syria, is a fertile valley in eastern Lebanon. It is Lebanon's most important farming region. Industry also flourishes in Beqaa, especially that related to agriculture. The Beqaa is located about east of Beirut. The valley is situated between Mount Lebanon to the west and the Anti-Lebanon Mountains to the east. It forms the northeasternmost extension of the Great Rift Valley, which stretches from Syria to the Red Sea. Beqaa Valley is long and wide on average. It has a Mediterranean climate of wet, often snowy winters and dry, warm summers. The region receives limited rainfall, particularly in the north, because Mount Lebanon creates a rain shadow that blocks precipitation coming from the sea. The northern section has an average annual rainfall of , compared to in the central valley. Nevertheless, two rivers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Development Finance Institution
A development financial institution (DFI), also known as a development bank or development finance company (DFC), is a financial institution that provides risk capital for economic development projects on a non-commercial basis. , total commitments (as loans, equity, guarantees and debt securities) of the major regional, multilateral and bilateral DFIs totaled US$45 billion (US$21.3 billion of which went to support the private sector). Mandate DFIs can play a crucial role in financing private and public sector investments in developing countries, in the form of higher risk loans, equity positions, and guarantees.Dirk Willem te Velde and Michael Warner (2007Use of subsidies by Development Finance Institutions in the infrastructure sector Overseas Development Institute DFIs often provide finance to the private sector for investments that promote development and to help companies to invest, especially in countries with various restrictions on the market. Some development banks i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poverty Reduction Strategy Paper
Poverty Reduction Strategy Papers (PRSPs) are documents required by the International Monetary Fund (IMF) and World Bank before a country can be considered for debt relief within the Heavily Indebted Poor Countries (HIPC) initiative. PRSPs are also required before low-income countries can receive aid from most major donors and lenders. The IMF specifies that the PRSP should be formulated according to five core principles. The PRSP should be country-driven, result-oriented, comprehensive, partnership-oriented, and based on a long-term perspective. The PRS process encourages countries to develop a more poverty-focused government and to own their own strategies through developing the plan in close consultation with the population. A comprehensive poverty analysis and wide-ranging participation are vital parts of the PRSP formulation process. There are many challenges to PRS effectiveness, such as state capacity to carry out the established strategy. Criticism of PRSP include aid condit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Developing Country
A developing country is a sovereign state with a lesser developed industrial base and a lower Human Development Index (HDI) relative to other countries. However, this definition is not universally agreed upon. There is also no clear agreement on which countries fit this category. The term low and middle-income country (LMIC) is often used interchangeably but refers only to the economy of the countries. The World Bank classifies the world's economies into four groups, based on gross national income per capita: high, upper-middle, lower-middle, and low income countries. Least developed countries, landlocked developing countries and small island developing states are all sub-groupings of developing countries. Countries on the other end of the spectrum are usually referred to as high-income countries or developed countries. There are controversies over this term's use, which some feel it perpetuates an outdated concept of "us" and "them". In 2015, the World Bank declared that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Poverty Reduction
Poverty reduction, poverty relief, or poverty alleviation, is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic ''Progress and Poverty'', are those that raise, or are intended to raise, ways of enabling the poor to create wealth for themselves as a conduit of ending poverty forever. In modern times, various economists within the Georgism movement propose measures like the land value tax to enhance access to the natural world for all. Poverty occurs in both developing country, developing countries and developed country, developed countries. While poverty is much more widespread in developing countries, both types of countries undertake poverty reduction measures. Poverty has been historically accepted in some parts of the world as inevitable as non-industrialized economies produced very little, while populations grew almost as fast, making wealth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944, started on 27 December 1945, at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international monetary system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. , the fund had XDR 477 billion (a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C. in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations are the International Bank for Reconstruc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Development Association
The International Development Association (IDA) (french: link=no, Association internationale de développement) is an international financial institution which offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income. Together, the International Development Association and International Bank for Reconstruction and Development are collectively generally known as the World Bank, as they follow the same executive leadership and operate with the same staff. The association shares the World Bank's mission of reducing poverty and aims to provide affordable development financing to countries who ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Bank For Reconstruction And Development
The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D.C., United States, that is the lending arm of World Bank Group. The IBRD offers loans to middle-income developing countries. The IBRD is the first of five member institutions that compose the World Bank Group. The initial mission of the IBRD in 1944, was to finance the reconstruction of European nations devastated by World War II. The IBRD and its concessional lending arm, the International Development Association (IDA), are collectively known as the World Bank as they share the same leadership and staff. Following the reconstruction of Europe, the Bank's mandate expanded to advancing worldwide economic development and eradicating poverty. The IBRD provides commercial-grade or concessional financing to sovereign states to fund projects that seek to improve transportation and infrastructure, education, domestic polic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Financial Institution
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders. The most prominent IFIs are creations of multiple nations, although some bilateral financial institutions (created by two countries) exist and are technically IFIs. The best known IFIs were established after World War II to assist in the reconstruction of Europe and provide mechanisms for international cooperation in managing the global financial system. Types Multilateral Development Banks A multilateral development bank (MDB) is an institution, created by a group of countries, that provides financing and professional advice to enhance development. An MDB has many members, including developed donor countries and developing borrower cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tyre, Lebanon
Tyre (; ar, صور, translit=Ṣūr; phn, 𐤑𐤓, translit=Ṣūr, Greek language, Greek ''Tyros'', Τύρος) is a city in Lebanon, one of the List of oldest continuously inhabited cities, oldest continually inhabited cities in the world, though in medieval times for some centuries by just a tiny population. It was one of the earliest Phoenician metropolises and the legendary birthplace of Europa (mythology), Europa, her brothers Cadmus and Phoenix (son of Agenor), Phoenix, as well as Carthage's founder Dido (Elissa). The city has many ancient sites, including the Tyre Hippodrome, and was added as a whole to UNESCO's list of World Heritage Sites in 1984. The historian Ernest Renan noted that "One can call Tyre a city of ruins, built out of ruins". Today Tyre is the fourth largest city in Lebanon after Beirut, Tripoli, Lebanon, Tripoli, and Sidon. It is the capital of the Tyre District in the South Governorate. There were approximately 200,000 inhabitants in the Tyre urban ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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