Lebanon: CEDRE Donors Reduce Funding Pledges

French President Emmanuel Macron welcomes then-Lebanese Prime Minister Saad Hariri as he arrives at the Elysee Palace in Paris, France, April 10, 2018. REUTERS/Philippe Wojazer
French President Emmanuel Macron welcomes then-Lebanese Prime Minister Saad Hariri as he arrives at the Elysee Palace in Paris, France, April 10, 2018. REUTERS/Philippe Wojazer
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Lebanon: CEDRE Donors Reduce Funding Pledges

French President Emmanuel Macron welcomes then-Lebanese Prime Minister Saad Hariri as he arrives at the Elysee Palace in Paris, France, April 10, 2018. REUTERS/Philippe Wojazer
French President Emmanuel Macron welcomes then-Lebanese Prime Minister Saad Hariri as he arrives at the Elysee Palace in Paris, France, April 10, 2018. REUTERS/Philippe Wojazer

The first coordination meeting between the ambassadors of the CEDRE donor conference held in Paris in 2018 and Prime Minister Hassan Diab’s cabinet ended with a deal to reduce the value of the projects agreed between Lebanon and the international donors.

During the meeting, which was held at the Grand Serail on Tuesday, Diab emphasized that his cabinet was committed to implementing the reform program which was put forward by the previous government of former Prime Minister Saad Hariri.

Some Arab ambassadors, whose countries had pledged to finance a number of projects, did not attend the meeting, but were represented by diplomats, as happened in talks held by the Friends of Lebanon Group at the invitation of Diab earlier this month.

While the French envoy in charge of following up on the reforms pledged by Lebanon at the CEDRE conference, Pierre Duquesne, stressed that the 2018 plan was “still valid”, other participants reminded the government that the approved administrative and financial reforms were closely tied with the ongoing negotiations with the International Monetary Fund (IMF).

The ambassadors underlined that the reforms were mandatory to revive the CEDRE decisions and to obtain from the IMF a loan to finance Lebanon’s recovery plan.

In remarks to Asharq Al-Awsat, political sources questioned the reason behind the donors’ decision to reduce the funding value of the projects.

“Is it because the world is preoccupied with combating the outbreak of the coronavirus, or because Lebanon is not adhering to the policy of dissociation?” the sources asked.

The country is currently paying the price for obstructing the approval of reforms adopted during the international conference, according to the sources.

They pointed to a distorted relationship with a number of Arab countries, in particular Gulf states, which had agreed to finance projects included in the CEDRE reform plan.

“The government has not taken any initiative towards these countries, even though it is hinging on the Fund’s approval to finance the recovery plan to pave way for financial support to Lebanon,” the sources remarked.

Diab’s government is still extremely responsive to Hezbollah, and has not demonstrated its commitment to the policy of dissociation, they added.

Lebanon had won aid pledges exceeding $11 billion at the CEDRE conference.



Lebanon Ex-central Bank Chief's Corruption Case Being Dent to Top Court

The BDL headquarters in Beirut (NNA) 
The BDL headquarters in Beirut (NNA) 
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Lebanon Ex-central Bank Chief's Corruption Case Being Dent to Top Court

The BDL headquarters in Beirut (NNA) 
The BDL headquarters in Beirut (NNA) 

The corruption case of Lebanon's former central bank governor, who is widely blamed for the country’s economic meltdown, has been transferred to the country's highest court, judicial officials told The Associated Press on Tuesday.

Riad Salameh was released on $14 million bail in September after a year in prison while awaiting trial in Lebanon on corruption charges, including embezzlement and illicit enrichment.

The trial of Salameh, 75, and his two legal associates, Marwan Khoury and Michel Toueini, will now be heard at the Court of Cassation, according to a copy of the notice obtained by the AP. Salameh and the others will be issued with arrest warrants if they don't show up for trial at the court.

No trial date has been set yet. Salameh denies the charges. The court’s final ruling can't be appealed, according to the four officials who spoke on condition of anonymity, because they weren't authorized to speak with the media.

In September 2024, he was charged with the embezzlement of $42 million, with the court later adding charges of illicit enrichment over an apartment rented in France, supposedly to be a substitute office for the central bank if needed. Officials have said that Salameh had rented from his former romantic partner for about $500,000 annually.

He was once celebrated for steering Lebanon’s economic recovery, after a 15-year civil war, upon starting his long tenure in 1993 and keeping the fragile economy afloat during long spells of political gridlock and turmoil.

But in 2023, he left his post after three decades with several European countries investigating allegations of financial crimes. Meanwhile, much of the Lebanese blame his policies for sparking a fiscal crisis in late 2019 where depositors lost their savings, and the value of the local currency collapsed.

On top of the inquiry in Lebanon, he is being investigated by a handful of European countries over various corruption charges. In August 2023, the United States, United Kingdom and Canada imposed sanctions on Salameh.

Salameh has repeatedly denied allegations of corruption, embezzlement and illicit enrichment. He insists that his wealth comes from inherited properties, investments and his previous job as an investment banker at Merrill Lynch.

Lebanon’s current central bank governor, Karim Souaid, announced last week that he's filing legal complaints against a former central bank governor and former banking official who diverted funds from the bank to what he said were four shell companies in the Cayman Islands. He didn't name either individual.

But Souaid said that Lebanon's central bank would become a plaintiff in the country's investigation into Forry Associates. The US Treasury, upon sanctioning Salameh and his associates, described Forry Associates as “a shell company owned by Raja (Salameh’s brother) in the British Virgin Islands” used to divert about $330 million in transactions related to the central bank.

Several European countries, among them France, Germany, and Luxembourg, have been investigating the matter, freezing bank accounts and assets related to Salameh and his associates, with little to no cooperation from the central bank and Lebanese authorities.

Souaid said that he will travel later this month to Paris to exchange “highly sensitive” information as France continues its inquiries.


Over 100 Children Killed in Gaza Since Ceasefire, UNICEF Says

Palestinians walk past tents used by displaced people, during a windy winter day, in Gaza City, January 13, 2026. (Reuters)
Palestinians walk past tents used by displaced people, during a windy winter day, in Gaza City, January 13, 2026. (Reuters)
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Over 100 Children Killed in Gaza Since Ceasefire, UNICEF Says

Palestinians walk past tents used by displaced people, during a windy winter day, in Gaza City, January 13, 2026. (Reuters)
Palestinians walk past tents used by displaced people, during a windy winter day, in Gaza City, January 13, 2026. (Reuters)

The UN children's agency said on Tuesday that over ​100 children have been killed in Gaza since the October ceasefire, including victims of drone and quadcopter attacks.

“More than 100 children have ‌been killed ‌in Gaza ‌since ⁠the ceasefire ​of ‌early October," UNICEF spokesperson James Elder told reporters at a UN briefing by video link from Gaza.

"Survival remains conditional, whilst ⁠the bombings and the shootings ‌have slowed, have ‍reduced during ‍the ceasefire, they have not ‍stopped."

He said that nearly all the deaths of the 60 boys and ​40 girls were from military attacks including air ⁠strikes, drone strikes, tank shelling, gunfire and quadcopters and a few were from war remnants that exploded.

The tally is likely an underestimate since it is only based on deaths for which sufficient ‌information was available, he said.


Syrian Army Tells Kurdish Forces to Withdraw from Area East of Aleppo City

Buses carrying displaced residents drive past a building in ruins as they return to the Achrafieh neighborhood after days of fighting between government forces and Kurdish fighters in the northern city of Aleppo, Syria, Monday, Jan. 12, 2026. (AP)
Buses carrying displaced residents drive past a building in ruins as they return to the Achrafieh neighborhood after days of fighting between government forces and Kurdish fighters in the northern city of Aleppo, Syria, Monday, Jan. 12, 2026. (AP)
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Syrian Army Tells Kurdish Forces to Withdraw from Area East of Aleppo City

Buses carrying displaced residents drive past a building in ruins as they return to the Achrafieh neighborhood after days of fighting between government forces and Kurdish fighters in the northern city of Aleppo, Syria, Monday, Jan. 12, 2026. (AP)
Buses carrying displaced residents drive past a building in ruins as they return to the Achrafieh neighborhood after days of fighting between government forces and Kurdish fighters in the northern city of Aleppo, Syria, Monday, Jan. 12, 2026. (AP)

Syria's army told Kurdish forces on Tuesday to withdraw from an area they control east of Aleppo after dislodging fighters from two neighborhoods in the city in deadly clashes last week.

State television published an army statement with a map declaring a large area a "closed military zone" and said "all armed groups in this area must withdraw to east of the Euphrates" River.

The area begins near Deir Hafer, around 50 kilometers (30 miles) east of Aleppo city and extends to the Euphrates further east, as well as towards the south.

On Monday, Syria accused the US-backed, Kurdish-led Syrian Democratic Forces of sending reinforcements to Deir Hafer and said it sent its own personnel there in response.

The SDF denied any build-up of its forces in the region.

An AFP correspondent saw government forces bringing military reinforcements including artillery to the Deir Hafer area on Tuesday.

On the weekend, Syria's government took full control of Aleppo city after taking over its Kurdish neighborhoods and evacuating fighters there to Kurdish-controlled areas in the country's northeast following days of clashes.

The violence started last Tuesday after negotiations stalled on integrating the Kurds' de facto autonomous administration and forces into the country's new government.

The SDF controls swathes of the country's oil-rich north and northeast, much of which they captured during Syria's civil war and the fight against the ISIS group.