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Lebanon Debate
Source: Lebanon Debate
10 HrsLebanon Debate
Source: Lebanon Debate
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The IMF concluded a round of talks in Beirut from November 10 to 13 without reaching a final agreement, despite progress in clarifying the positions of the government and Banque du Liban. The main obstacles are the allocation of losses, the assignment of responsibilities and the hierarchy of claims. Also unresolved in Parliament are the law on resolving troubled banks and the draft law on financial regularization and deposit recovery. Any agreement must also take account of the actual capacity of banks, Banque du Liban and the public finances. No binding repayment dates or final recovery rates have been set so far, while Finance Minister Yassine Jaber hopes to reach an agreement with the Fund in the first quarter of 2027.
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