8 Hrs
Source:
الشرق اللبنانية
IMF Optimistic About Lebanon Deal
The IMF bubble reflects progress in supporting Lebanon, as intensive talks are underway with Lebanese authorities regarding a loan program expected to be approved soon. At the same time, strong plans are in place to support Iraq through a loan program that is highly sought after. The Fund’s chairwoman confirmed significant progress in implementing both programs, with indications of the need to raise awareness about banking risks and cybersecurity. Concerns remain about the depletion of reserves, along with suggestions for the Central Bank to focus on price stability and enhance economic resilience.
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