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2026-11-12T19:31:17.000Z

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IMF Bank Talks in Lebanon

IMF Bank Talks in Lebanon

The International Monetary Fund began a mission in Lebanon on Thursday to discuss restructuring the banking sector and developing an economic and financial reform program, as intensive talks with Lebanese officials continued without a date being set for a preliminary agreement. Finance Minister Yassin Jaber said he hoped an agreement could be reached before the end of the week, while the Fund said further steps were still needed. The negotiations come amid projections that Lebanon’s economy will shrink by 6.4% in 2026 and inflation will rise above 17%, following a financial crisis that began in 2019 and restricted depositors’ access to their money.

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