File - Minister Mohammad Machnouk speaks during a conference at the Serail in Beirut, Wednesday, Feb. 11, 2015. (The Daily Star/Khalil Hassan)
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The Central Bank is working closely with the Environment Ministry and international organizations to promote environmental sustainability in Lebanon, Governor Riad Salameh said Tuesday at a workshop entitled "Subsidized Loans to Fight Environmental Pollution in Lebanon".LEPAP is a joint initiative between the Environment and Finance Ministries, Lebanon's Central Bank, the World Bank and the Italian Cooperation.Under the LEPAP program, the Central Bank provides – through commercial banks – subsidized loans to industrial institutions, which also benefit from the Lebanese government's support.
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