Lebanese Finance Minister Reaffirms Reform Commitment

The article focused on Lebanon's efforts to complete financial and banking reforms during the meetings of the International Monetary Fund and the World Bank in Bangkok. Finance Minister Yassin Jaber emphasized the government's commitment to addressing the banking crisis and implementing international standards, along with legislative updates such as amendments to the banking reform law and the submission of the budget bill. He also highlighted international support, particularly the Reconstruction Fund with a value of $250 million, and stressed the importance of regional connectivity projects to strengthen Lebanon's role in transportation and trade. He called for increasing the fund's financing to $1 billion to support reconstruction efforts. Additionally, the meeting discussed enhancing technical cooperation with the UK in the field of digital transformation, with a focus on addressing the root causes of the crisis through reform of public institutions, transforming them into companies, and expanding digital services.

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