Lebanon resumes contacts with IMF over bailout programme
The Hindu
The Ministry said the government will work for a fair solution for creditors, but did not give details about the talks.
Lebanon’s Finance Ministry said on Monday it has resumed “interactions” with the International Monetary Fund (IMF) in an effort to pull the small nation out of its worst economic crisis in its modern history.
The Ministry said the government will work for a fair solution for creditors, but did not give details about the talks. The announcement came a week after the new Cabinet named a delegation to resume bailout negotiations with the international agency after talks were suspended last year.
Deep disagreements festered within the Lebanese delegation during last year’s negotiations with the IMF, with the government on one side and the central bank and local lenders on the other.
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