6 Hrs
Source:
الشرق اللبنانية
Source: الشرق اللبنانية
6 Hrsالشرق اللبنانية
Source: الشرق اللبنانية
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Negotiations with an International Monetary Fund mission opened at Lebanon’s Ministry of Finance, led by Finance Minister Yassine Jaber. The meetings are expected to continue through Friday, with hopes of reaching a preliminary agreement this week. Jaber said that passing the draft financial-gap law would pave the way to address the banking crisis and move toward a program with the Fund. He explained that losses would first be borne by the state and Banque du Liban, then by the banking sector, with depositors bearing them last. He added that restoring deposits would begin with passing the law, reforming the banking sector, and implementing the agreed repayment program.
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