Mikati: the tensions in Lebanon will not affect talks with the IMF

Lebanese Prime Minister Najib Mikati said the tensions Lebanon has experienced will not affect talks with the IMF.

He added, in declarations, today, Thursday, that the Lebanese government has almost finished preparing the numbers to start official talks with the IMF.

He said a unified number of losses to be borne by the financial sector will be agreed to be submitted to the IMF.

Earlier this month, an International Monetary Fund spokesperson said the Fund is expected to initiate technical talks with Lebanon in the coming days. in on policies and reforms that will address the economic and financial crisis in Lebanon.

The IMF program is by far the only way in which Lebanon can get much-needed help from foreign donors to begin tackling one of the world’s worst economic crises.

Economists say technical talks with the IMF precede any program negotiations. Prime Minister Najib Mikati’s government has pledged to call for the resumption of negotiations on funds for a short- and medium-term bailout program.

The Lebanese Ministry of Finance said it had resumed “communication” with the International Monetary Fund with the aim of agreeing on a consolidation program that could include international support.

The statement, released in the first week of this month, added that Lebanon, which defaulted on sovereign debt in March last year, is also fully committed. in a transparent and fair debt restructuring process.

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