Economy and macroUpdated November 10

IMF mission in Beirut as Lebanon seeks a preliminary deal

The IMF mission now under way in Beirut is discussing Lebanon’s banking-restructuring strategy as part of work toward a comprehensive reform program. Asharq Al-Awsat reported that Lebanon has resumed negotiations with the IMF and is seeking a preliminary agreement alongside financial-reform efforts. Finance Minister Yassine Jaber expressed hope for an agreement this week, Arab News reported, while IMF spokeswoman Julie Kozack did not confirm whether one was imminent. The 2022 staff-level agreement did not become a full IMF program, Asharq Al-Awsat reported.

1 publisher2 reports

Coverage started November 10