IMF Slams Lebanon | MEES

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The IMF in unusually harsh phrases on 21 September slammed the seeming incapability of Lebanon’s politicians to implement the financial reforms on which a $3bn mortgage, agreed in precept greater than 5 months in the past (MEES, 8 April), is contingent.

“Regardless of the urgency for motion to deal with Lebanon’s deep financial and social disaster, progress in implementing the reforms agreed underneath the April SLA [provisional loan agreement] stays very sluggish,” the IMF mentioned on the conclusion of a 19-21 September go to to Beirut. (CONTINUED – 158 WORDS)

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