Finance Ministry Meets IMF on Public Debt

The Lebanese Ministry of Finance, in collaboration with the International Monetary Fund, held high-level technical meetings to discuss the public debt issue and its restructuring in Lebanon. During the meetings, debt figures were reviewed, and the IMF’s restructuring plan was discussed, with the goal of reaching an agreement that establishes debt sustainability after implementation. The meetings also addressed the financial challenges faced by Électricité du Liban, including rising fuel costs and difficulties in collecting overdue payments. Reassessment of reform measures and the pursuit of greater transparency in financial accounts were emphasized, alongside ongoing preparations for further financial audits to ensure overall financial stability.

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