Lebanon and IMF Seek to Restart Talks

The Prime Minister Nohad Duale and Minister of Finance Yassine Jaber met with International Monetary Fund Managing Director Kristalina Georgieva in Washington. They discussed Lebanon's progress in implementing financial and banking reforms, with an agreement to send an IMF delegation to the country after the annual meetings to resume negotiations. The government affirmed its commitment to completing the necessary legislation to discipline public finances, including passing the Financial Gap Law and restructuring the banking sector, with the aim of restoring confidence in the Lebanese economy. For her part, Georgieva praised Lebanon’s advancement in financial management and banking sector restructuring, expressing the IMF's readiness to support and facilitate an agreement that accelerates reforms and lays the groundwork for economic recovery and renewed trust.

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