IMF Delegation Final Statement on Bank Reforms and Deposit Safety
The Lebanese Ministry of Finance has submitted the final statement of the visit by the International Monetary Fund (IMF) delegation, which confirmed that Lebanon has managed to maintain a certain level of economic stability despite challenging circumstances. This comes despite ongoing regional conflicts and security crises that have affected the economy and living conditions. The statement also highlighted progress in banking sector reforms through approval of amendments to the banking regulation law, with a focus on aligning the financial stability law and deposit recovery procedures with international standards to ensure depositors' protection and the sustainability of public finances. The delegation emphasized that Lebanon needs to continue implementing these reforms, with a balanced approach to public finances and support for investment and social spending, especially given the expected economic contraction and rising inflation in 2026, and the deterioration of infrastructure and living standards due to conflict and internal displacement.
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