World Bank says ready to mobilize financing for Lebanon blast recovery

WASHINGTON: The World Bank Group said on Wednesday it stands ready to assess Lebanon's damage and needs after a devastating Beirut port explosion and work with the country's partners to mobilize public and private financing for reconstruction and recovery.

The World Bank said in a statement that it "would be also willing to reprogram existing resources and explore additional financing to support rebuilding lives and livelihoods of people impacted by this disaster."