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دايلي بيروت
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دايلي بيروت

2026-11-10T10:39:23.000Z

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دايلي بيروت

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State and bank lose first

State and bank lose first

Lebanon’s Finance Ministry has begun negotiations with an International Monetary Fund mission led by Minister Yassine Jaber. The meetings are expected to continue through Friday, amid hopes of reaching a preliminary agreement this week. Jaber said that passage of the draft financial-gap law would pave the way to address the banking crisis and move toward a program with the Fund. He added that the negotiations are based on an international framework for allocating losses, starting with the state and Banque du Liban, followed by the banks, with depositors bearing them last.

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