IMF will travel to Lebanon to discuss economic reforms ...Kuwait

News by : (The New Arab) -
The International Monetary Fund said on Thursday that a staff mission will visit Lebanon next week to discuss ways to "speed up" implementation of agreed reforms required for an IMF loan program amid deteriorating living conditions in the country. "We are looking to support Lebanon as strongly as we can. It's a difficult situation," IMF spokesman Gerry Rice told a regular news briefing. "There's been slow progress in implementing some of the critical actions that we think are required to move forward with a program." The IMF and Lebanon in April reached a staff-level agreement on a $3 billion loan program, but this was contingent on enactment of a range of economic ref

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