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Financial gap: Aoun continues to walk a tightrope

As Lebanon weighs an agreement with the IMF, the President issued numerous warnings in recent days, marking his red lines and emphasizing his alignment with the BDL.

Financial gap: Aoun continues to walk a tightrope

Joseph Aoun and Karim Souhaid at Banque du Liban on May 8, 2025. (Credit: the Presidency’s X account)

As Lebanon approaches a parliamentary debate on an issue that is as explosive as the financial gap, President Joseph Aoun is attempting to walk a tightrope: while publicly defending the idea of an agreement with the International Monetary Fund (IMF), he remains largely aligned with the view of Banque du Liban’s (BDL, central bank) Governor Karim Souhaid, calling in particular for the country’s “specific characteristics” to be taken into account.The threat of referral back to ParliamentIn an interview with Télé Liban on Jan. 11, on the first anniversary of his election, Aoun elaborated on these points: “Each country has its own specificities. We want an agreement with the IMF, but it must take into account our domestic situation.” Read more Without a coherent budget plan, Lebanon will not secure IMF support He then singled out a...
As Lebanon approaches a parliamentary debate on an issue that is as explosive as the financial gap, President Joseph Aoun is attempting to walk a tightrope: while publicly defending the idea of an agreement with the International Monetary Fund (IMF), he remains largely aligned with the view of Banque du Liban’s (BDL, central bank) Governor Karim Souhaid, calling in particular for the country’s “specific characteristics” to be taken into account.The threat of referral back to ParliamentIn an interview with Télé Liban on Jan. 11, on the first anniversary of his election, Aoun elaborated on these points: “Each country has its own specificities. We want an agreement with the IMF, but it must take into account our domestic situation.” Read more Without a coherent budget plan, Lebanon will not secure IMF support He then...
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