Overview of Beirut from Mount Lebanon, Nov. 20, 2024. (Credit: Philippe Hage Boutros/L'Orient-Le Jour)
The Parliamentary Finance and Budget Committee has examined a bill through which Lebanon plans to increase its quota in the International Monetary Fund (IMF) capital by 50 percent, amounting to $423 million.This rectifying finance bill, which is expected to add credits to the 2025 budget, has not yet been approved by the deputies, who require additional information from Finance Minister Yassine Jaber.The Finance Minister told L'Orient-Le Jour that the bill presented "responded to a request from the IMF [dating back to Dec. 15, 2023] addressed to all its members, not just Lebanon" and that this increase would not result in a dry loss of nearly half a billion dollars for Lebanon. Read more Berri to convene committees on bank secrecy law as IMF delegation visits Beirut He added that the issue had been postponed thus far...
The Parliamentary Finance and Budget Committee has examined a bill through which Lebanon plans to increase its quota in the International Monetary Fund (IMF) capital by 50 percent, amounting to $423 million.This rectifying finance bill, which is expected to add credits to the 2025 budget, has not yet been approved by the deputies, who require additional information from Finance Minister Yassine Jaber.The Finance Minister told L'Orient-Le Jour that the bill presented "responded to a request from the IMF [dating back to Dec. 15, 2023] addressed to all its members, not just Lebanon" and that this increase would not result in a dry loss of nearly half a billion dollars for Lebanon. Read more Berri to convene committees on bank secrecy law as IMF delegation visits Beirut He added that the issue had been postponed thus far...
Humanitarian convoy reaches Rmeish, Ain Ibl, Dibil despite obstacles