Lebanon strikes $3bn IMF deal in step to addressing crisis
The IMF loan will be disbursed over four years in return for the phased implementation of an economic recovery plan.
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The IMF loan will be disbursed over four years in return for the phased implementation of an economic recovery plan.
The International Monetary Fund (IMF) has reached a staff-level agreement with Lebanon to provide the country with $3 billion in a 46-month financing programme.The agreement is subject to approval by the IMF management, as well as the Lebanese ...
The International Monetary Fund concluded a mission to Lebanon to discuss support for economic reforms, and here are the details.
(Bloomberg) -- Lebanon reached a preliminary agreement with the International Monetary Fund for a $3 billion loan facility, the first sign in two years that authorities are serious about tackling the country’s worst financial crisis.
IMF, Lebanon reach 3-bln-USD funding deal pending approval, reforms-