News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
29
o
Bekaa
29
o
Keserwan
30
o
Metn
30
o
Mount Lebanon
28
o
North
30
o
South
29
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Arous Beirut
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
29
o
Bekaa
29
o
Keserwan
30
o
Metn
30
o
Mount Lebanon
28
o
North
30
o
South
29
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
IMF urges Lebanese to unite around government financial rescue plan
Middle East
13-07-2020 | 09:47
High views
Share
Share
IMF urges Lebanese to unite around government financial rescue plan
Watch now
More details about online video viewing packages
2
min
IMF urges Lebanese to unite around government financial rescue plan
The International Monetary Fund urged Lebanese authorities on Monday to unite around a government rescue plan and warned that attempts to lower losses from the financial crisis could only delay recovery.
The government’s rescue plan has served as the cornerstone of talks with the IMF and maps out massive losses in the financial system.
The talks have been bogged down by a row over the scale of financial losses that has embroiled the government, the central bank, commercial banks and lawmakers from Lebanon's main political parties. "It is very important that the authorities unite around the government plan. From our side, we are ready to work together with the authorities to improve the plan where this is necessary," said Athanasios Arvanitis, deputy director of the IMF's Middle East and Central Asia Department.
Lebanese Finance Minister Ghazi Wazni said last week the talks were on hold pending the start of economic reforms and agreement on the losses.
Arvanitis said in an online press conference that delaying taking action would only worsen the outlook for the economy.
"However we're also worried that attempts to present lower losses and postpone difficult measures into the future would only increase the cost of the crisis by delaying the recovery," the IMF official said.
Alain Bifani, a senior member of Lebanon's negotiating team with the IMF, resigned as finance ministry director general last month, saying vested interests were undermining the government’s economic recovery plan. He said the losses stood at $61 billion.
REUTERS
To watch the full report, please click on the video above.
Breaking Headlines
Lebanon News
News Bulletin Reports
IMF
Lebanon
Crisis
Economy
Finance
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Middle East News
00:19
Iran made preparations to mine the Strait of Hormuz, US sources say
Middle East News
00:19
Iran made preparations to mine the Strait of Hormuz, US sources say
0
World News
2025-05-06
China says opposes Israel's actions in Gaza after conquest plan
World News
2025-05-06
China says opposes Israel's actions in Gaza after conquest plan
0
News Bulletin Reports
2025-06-30
Lebanese customs seize nearly $8 million at Beirut Airport over false declarations — The details
News Bulletin Reports
2025-06-30
Lebanese customs seize nearly $8 million at Beirut Airport over false declarations — The details
0
Lebanon News
2025-06-29
Wildfire erupts in Akkar's Qoubaiyat forests, rapidly spreads amid strong winds
Lebanon News
2025-06-29
Wildfire erupts in Akkar's Qoubaiyat forests, rapidly spreads amid strong winds
Videos
d-none hideMe
0
Lebanon News
13:39
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
13:39
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
0
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
0
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
0
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
0
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
0
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
0
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
0
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
0
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
02:37
Casino du Liban director Roland Khoury detained in BetArabia investigation: Sources to LBCI
Lebanon News
02:37
Casino du Liban director Roland Khoury detained in BetArabia investigation: Sources to LBCI
2
News Bulletin Reports
13:10
Tense session: Lebanese Parliament passes key loan agreements and military grants
News Bulletin Reports
13:10
Tense session: Lebanese Parliament passes key loan agreements and military grants
3
News Bulletin Reports
12:58
Border situation: Rumors of foreign militants on Lebanon's border dismissed
News Bulletin Reports
12:58
Border situation: Rumors of foreign militants on Lebanon's border dismissed
4
News Bulletin Reports
13:00
Drug shipment: Lebanon foils smuggling of five million Captagon pills bound for Saudi Arabia via Syria
News Bulletin Reports
13:00
Drug shipment: Lebanon foils smuggling of five million Captagon pills bound for Saudi Arabia via Syria
5
Lebanon News
13:39
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
13:39
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
6
Middle East News
04:18
Avichay Adraee: Special operation in southern Syria targets Iran-linked cell, weapons seized
Middle East News
04:18
Avichay Adraee: Special operation in southern Syria targets Iran-linked cell, weapons seized
7
News Bulletin Reports
12:48
Inside Israeli-Syrian normalization talks: What does a peace agreement offer both sides?
News Bulletin Reports
12:48
Inside Israeli-Syrian normalization talks: What does a peace agreement offer both sides?
8
Lebanon News
05:07
PM Salam outlines reform and recovery vision: Border security, IMF deal, and $250M reconstruction loan
Lebanon News
05:07
PM Salam outlines reform and recovery vision: Border security, IMF deal, and $250M reconstruction loan
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More