Lebanon PM meets World Bank's private lending arm

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A delegation from World Bank's private lending arm meet Lebanon's PM, as the debt-ridden country seeks assistance to rescue its moribund economy

Hassan Diab arrives to talk to the media after being named Lebanon's new prime minister, at the presidential palace in Baabda, Lebanon December 19, 2019.

The state agency had initially said that Diab was meeting a delegation of the International Monetary Fund, instead of members of the IFC. Lebanon is expected to decide whether to pay $1.2 billion in Eurobonds that reach maturity on March 9 or to default on its debt.

 

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