Countries commit about $2.8 bln to Lebanon's economy, Lebanese official says

PARIS – A senior adviser to Lebanon's prime minister said on Friday countries had so far committed about $2.8 billion dollars in loans and grants during a conference aimed at supporting the country's economy

"So far, we are talking about $1.8 billion in concessionary loans and $800 million in grants," Nadim Munla told reporters, adding that other major announcements would be made later in the day.

He said that included a $1 billion renewal of a credit line from Saudi Arabia that had not been used.