IMF Mission Wraps Up Talks on Five-Year Financial Plan

The reports from the International Monetary Fund mission in Lebanon focused on completing work on a medium-term financial framework for five years, aimed at coordinating financial and sector priorities. The meetings discussed infrastructure and energy projects, including reviewing the project portfolio, rebuilding, and identifying financing priorities, with an emphasis on transitioning from liquid fuels to gas within the regulatory authority's electricity plan. Additionally, the discussions covered standardizing social spending classifications, improving budget transparency, and reforming budget preparation to address arrears, with a move towards increasing funding for strategic sectors. This approach aims to strengthen financial inclusiveness and achieve economic stability in Lebanon.

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