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دايلي بيروت
IMF Negotiates Support for Lebanon
The Managing Director of the International Monetary Fund, Kristalina Georgieva, announced significant progress in the negotiations to support Lebanon, where discussions are ongoing regarding the approval of a loan program, with intensive talks continuing with Lebanese authorities. She indicated that the IMF is making great strides with the program and emphasized the importance of regulatory and supervisory authorities being fully aware of the risks associated with non-banking institutions, cyberattacks, and fraud. She also confirmed that the IMF plans to strongly support Iraq through a loan program that includes financial assistance and policy support. The meetings in Bangkok reflected a mix of optimism and concern, with a focus on price stability and the preservation of financial reserves.
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