Rescue talks with the IMF 'hit the rocks' as Lebanese suffer

BEIRUT - As accelerating poverty fuels anger, despair and fear of a social explosion, efforts by Lebanon’s ruling elite to salvage the country from a financial meltdown with IMF help seem to be going in reverse.

Two members of Lebanon’s negotiating team have quit in a month, both over what they described as attempts to massage huge financial losses set out in the government plan. A new government finally took its place early this year. Although it was billed as technocratic, its members are all nominees of the sectarian power-brokers.

Diab, the prime minister, said in a statement on Tuesday that the government was committed to the figures in its plan. But political factions have lined up behind an effort to demand it lower its estimate of losses, in line with figures put forward by the central bank and banks. The IMF declined to comment on its discussions with Lebanese delegations, but referred Reuters to earlier remarks, including that the government’s original figures are “broadly in the right order of magnitude”.

Iran thru its terror hezbollah militia wants to completely destroy Lebanon with the help of those corrupt Lebanese politicians who are in control of the government ..

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