IMF: Permanent solution requires comprehensive decisions to contain deficits and start the restructuring of the banking system
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Source: lbcgroup.tv
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IMF warns lack of Lebanon reforms jeopardises stability
BEIRUT — The International Monetary Fund (IMF) warned in a report Thursday that Lebanon's failure to implement reforms could have "irreversible" consequences for the crisis-hit country and risks jeopardising economic and social stability.Lebanon has been mired since 2019 in an economic collapse that has seen the local currency lose around 98 per cent of its value against the
Source: jordantimes.com
IMF warns lack of Lebanon reforms jeopardizes stability
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Source: naharnet.com
IMF says that without reforms, Lebanon faces ballooning inflation and public debt – Winnipeg Free Press
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Source: winnipegfreepress.com
IMF Says Lebanon Faces Ballooning Inflation and Public Debt
Without reforms, Lebanon will continue to see triple-digit inflation, and public debt in the small, crisis-ridden country could reach nearly 550% of GDP by 2027, the International Monetary Fund warned in a report Thursday. The report came as a follow-up to a nine-day visit by IMF officials in March. Progress toward finalizing a sorely needed IMF bailout package for the struggling country has largely stalled.
Source: aawsat.com