The Minister of Finance, Yassine Jaber (fifth from the left), and the Minister of Economy, Amer Bsat (fourth from the right), on October 13, during a meeting with World Bank officials in Washington. Photo released by the Ministry of Finance
A meeting took place between Finance Minister Yassine Jaber and several MPs from the protest movement who attended last Thursday’s session of the parliamentary Finance and Budget Committee.The exchange focused on the risks of failing to reach an agreement with the International Monetary Fund (IMF), and on why Jaber described such a refusal as an act of “suicide.” More on the topic Banking restructuring: Another revised version to satisfy the IMF MPs told L’Orient-Le Jour that the conversation with Jaber touched on the possibility that the World Bank might suspend its lending to Lebanon if the country confirms that it will not sign a financing agreement with the IMF — an agreement conditioned on a series of reforms, the most critical being the restructuring of the banking sector.Highlighting this point does not mean other reforms are...
A meeting took place between Finance Minister Yassine Jaber and several MPs from the protest movement who attended last Thursday’s session of the parliamentary Finance and Budget Committee.The exchange focused on the risks of failing to reach an agreement with the International Monetary Fund (IMF), and on why Jaber described such a refusal as an act of “suicide.” More on the topic Banking restructuring: Another revised version to satisfy the IMF MPs told L’Orient-Le Jour that the conversation with Jaber touched on the possibility that the World Bank might suspend its lending to Lebanon if the country confirms that it will not sign a financing agreement with the IMF — an agreement conditioned on a series of reforms, the most critical being the restructuring of the banking sector.Highlighting this point does not mean other...
