IMF sees 'some progress' on Lebanon reforms, says external support needed

IMF sees 'some progress' on Lebanon reforms, says external support needed

BEIRUT - Lebanon has made progress on reforms needed to revive its economy but still has key steps to take and will need external funding on concessional terms, the International Monetary Fund said on Thursday after a week of meetings in Beirut. Read more at straitstimes.com.

IMF sees 'some progress' on Lebanon reform, says external support needed

BEIRUT — Lebanon has made progress on reforms needed to revive its economy but still has key steps to take and will need external funding on concessional terms, International Monetary Fund said on Thursday, after a week of meetings in…

IMF says Lebanon needs soft loans for economic recovery

Lebanon has made progress on reforms needed to revive its economy but still has key steps to take and will need external funding on concessional terms, the International Monetary Fund (IMF) said on Thursday after a week of meetings in Beirut. Lebanon’s economy went into a tailspin in late 2019, prompted by decades of profligate spending by the country’s ruling elite. Reforms required to access IMF funding were repeatedly derailed by political an…