Close Menu
    Facebook X (Twitter) Instagram
    Saturday, May 24, 2025
    961
    Instagram Facebook LinkedIn TikTok
    • Breaking News
    • Guides
    • Food & Drink
    • Listicles
    • Join the Team
    • Whatsapp
      • 961
      • 961 News
    • AUB Outdoors ☀️
    Advertise with Us Get the App
    961
    Home»News»Lebanon News
    Military Retirees Propose Rescue Plan That Could Save 750,000 Lebanese From Poverty
    EPA
    2 Mins Read

    Military Retirees Propose Rescue Plan That Could Save 750,000 Lebanese From Poverty

    By Hussein YassineMarch 4, 2021
    Facebook WhatsApp Copy Link

    Lebanon‘s Retired Military Persons Movement has announced a rescue plan that aims at helping the Lebanese economy recover and saving hundreds of thousands of Lebanese from destitution.

    Brig. Gen. Fouad Al-Mawla, the general coordinator of the Retired Military Persons Movement, announced a 5-year rescue plan during a press conference held at the Lebanese Press Syndicate on Thursday.

    One of the plan’s objectives is “saving about 750,000 Lebanese from below the hunger line.”

    It includes a draft law for parliamentary elections that accords with the Taif Agreement, and an agricultural project in the Beqaa Valley that would generate $3 billion in annual revenue for the Lebanese treasury.

    It also includes a Flag Service project that would annually generate 350 billion Lebanese pounds, and a plan for electricity that would cover “about 40 percent of the treasury deficit,” according to Al-Mawla.

    Al-Mawla said that he had already sent the electricity plan to the Lebanese state, as well as to French President Emmanuel Macron and the World Bank.

    On the social level, the plan outlines a monthly grant of $50 for Lebanese families that have fallen below the poverty line across the country by utilizing the World Bank’s $246-million loan to the Lebanese state.

    The retired officer stressed that the Movement had proposed in 2017 the parliamentary election plan to all representatives and to the president and the prime minister, in a booklet entitled “Cedar Stone,” as it brings Muslims and Christians together equally.

    However, the proposal “fell on deaf ears” at the time, Al-Mawla said, requesting that the Lebanese authorities implement this new rescue plan immediately.

    Emmanuel Macron Lebanese Lira Lebanon
    Share. Facebook Twitter LinkedIn WhatsApp Reddit Email

    For You

    uae travel ban lebanon 961

    UAE Is Officially Removing The Travel Ban On Lebanon

    Lebanese talking-stage

    15 Things Your Lebanese Talking-Stage Will Tell You, And What It Actually Means

    Joe Issa El-Khoury 961

    Who is Joe Issa El-Khoury, Lebanon’s New Minister of Industry

    Adel Nassar 961

    Who is Adel Nassar, Lebanon’s New Minister of Justice

    Nizar Hani 961

    Who is Nizar Hani, Lebanon’s New Minister of Agriculture

    Charles Hajj 961

    Who Is Charles Hajj, Lebanon’s New Minister of Telecommunications

    Ampere Cinema Reopens Its Doors In North Lebanon After 28 Years Of Absence

    20 Celebrities You Probably Didn’t Know Had Lebanese Roots

    April 22, 2019
    saint levant aub outdoors 2025 961

    Saint Levant Is Officially Headlining AUB Outdoors 2025!

    May 7, 2025
    aub outdoors 2025

    Here’s Everything You Need To Know About AUB Outdoors This Weekend

    May 21, 2025

    Lebanon’s Shawarma Is Going Viral in The Philippines

    April 21, 2019
    Tamara El-Zein 961

    Who is Tamara El-Zein, Lebanon’s New Minister of Environment

    February 11, 2025
    dew apparel nada koussa miss lebanon 961

    Miss Lebanon Nada Koussa Just Launched A Sportswear Brand

    May 3, 2025

    10+ Day Trips You Can Take In Lebanon That Are 30 Mins, 1 hour, And 2 Hours Away From Beirut!

    June 12, 2017

    20 Typical Lebanese Slang Expressions

    April 21, 2020
    Lebanese boutiques

    25 Boutiques In Lebanon To Find Your Dream Evening Dress This Wedding Season

    June 9, 2024
    961 Logo
    Facebook WhatsApp TikTok Instagram

    Popular Topics

    • Guides
    • Eat & Drink
    • Listicles
    • Lebanon News
    • Diaspora
    • Explained

    961

    • About
    • WhatsApp Channel
    • News WhatsApp Channel
    • Corrections Policy
    • Ownership & Funding

    Services

    • Advertise
    • Careers
    • App Waitlist
    • Contact Us
    • Newsletter
    961™ | All Rights Reserved ©2025
    • Privacy Policy
    • Terms

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Okay