Deadline: 17 April 2019
The UK’s Department for International Development (DFID) is seeking applications for its Lebanon Economic Reform & Infrastructure Investment Programme (LERII) which is a flexible and adaptive programme to support the Government of Lebanon deliver key economic reforms and infrastructure investments important for sustainable growth and stability.
Lebanon is facing macroeconomic challenges. The country has the third largest debt to GDP ratio globally, persistent fiscal and current account deficits and chronic lack of investment in public services and infrastructure. These structural issues pre-date the Syria crisis. However, the Syrian conflict has disrupted trade flows and reduced investor confidence, costing Lebanon an estimated 30% of cumulative GDP. Lebanon hosts the highest per capita level of refugees in the world, exacerbating pressure on services and jobs.
UK support will increase the chances that the Lebanese government delivers key economic reforms and secures investment for infrastructure that is well-built and operated. The potential return is very high. A more sustainable and higher growth economy, accompanied by infrastructure investments, has the potential to significantly improve poor people’s lives, including girls and women and the large number of refugees currently in Lebanon. If Lebanon were to face economic crisis, it would be the poorest who would be hit hardest and intercommunity tensions could quickly transform into violent conflict.
How to Apply
Interested applicants must apply using DFID supplier portal.
For more information, please visit https://bit.ly/2ECl3Et
