IMF willing to redouble Lebanon efforts, subject to reform commitment

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The International Monetary Fund said on Sunday it was willing to redouble efforts to help Lebanon after the devastating blast that hit Beirut, but said all of the country's institutions needed to show willingness to carry out reforms.

FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity, at the Vatican, February 5, 2020. REUTERS/Remo Casilli

In a statement to an emergency donor conference for Lebanon, the IMF’s managing director, Kristalina Georgieva, laid out reforms expected, including steps to restore the solvency of public finances and the soundness of the financial system, and temporary safeguards to avoid continued capital outflows.

“We are ready to redouble our efforts. But we need unity of purpose in Lebanon — we need all institutions to come together determined to carry out much needed reforms,” Georgieva said. Georgieva also called on Lebanon to take steps to reduce the protracted losses in many state-owned enterprises and expand a social safety net to protect the country’s most vulnerable people.

 

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Inference

us Souha,have been lucky enough to have had,such a wonderful husband!! God Bless & God Bless all the good people of Lebanon!! We are with you all the way!! ✌🙏🙏🙏⚘⚘⚘⚘😎💜

Just watched the News Reel for Souha,who lost her wonderful Husband,whilst they were at the bedside of their little girl,who has curable Cancer!! Dear Souha,we will be wishing your son a Happy Birthday on the 13/8/2020!! A truly amazing woman!! Not all of

There is no reforms with this thiefs ! We need a new government !!!! 😒

Let's make more money and live a better life

IMF still wants to sell Lebanon to corporations instead of helping the citizens

Is anyone surprised? I hope they tell them to go jump!

YOU PAY MONEY ?

IMFNews KGeorgieva EZaharievaMFA Say IMF really wishes to double down on Lebanon efforts and hopes that executives at Samsung, emboldened by PhGoffin AdeMontchalin sidelining limjh12's intelligence, won't impede everything

So the country has trouble with the IMF and suddenly there is a giant explosion and then immediately rioters in the streets demanding the government to step down?

The country is literally wrecked and they dare mentioning reforms ! What kind of reforms? To drain the public sector and reduce salaries? These people are living on remote clouds.

By the way Shit is going out of console out in the middle east

R, I Luv Chris

The Shylock in IMF sees opportunity in crisis. Lebanon

K

Do you agree or disagree with the following? 'No human being should be in unbearable suffering. Euthanasia should be legal like it is in Switzerland and Netherlands'

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