Jun 09 2022 - 10:11
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IMF delegation to soon return to Beirut

Diplomatic sources announced on Thursday that the International Monetary Fund delegation, headed by Ernesto Rigo Ramirez, will return to Beirut at the end of next week, Lebanon, news ,lbci ,أخبار Lebanon, Beirut,IMF,Diplomatic sources announced on Thursday that the International Monetary Fund delegation, headed by Ernesto Rigo Ramirez, will return to Beirut at the end of next week,
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IMF delegation to soon return to Beirut
Lebanon News

Diplomatic sources announced on Thursday that the International Monetary Fund delegation, headed by Ernesto Rigo Ramirez, will return to Beirut at the end of next week, to follow up on the required Lebanese parliamentary and governmental steps, after a preliminary agreement was reached with the Lebanese authorities following month of negotiations, which stated to provide the Lebanon with $3 billion in aid to help the country get out its economic and financial crisis, and support for the reform plan to restore growth and financial stability, if the Fund’s management and board of directors agree to it, after Parliament approves the 2022 budget and a new banking secrecy law to fight corruption and the government agrees to a debt restructuring program with sufficient participation of creditors to restore capacity to repay the debt and fill the financing gaps, reform the public sector and its institutions, especially the electricity sector, and unify the exchange rate.

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