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Prospect of 'staff-level agreement' between Lebanon, IMF is fading

Gathered with representatives of the International Monetary Fund at Rothschild bank headquarters in Paris, the head of Lebanon's central bank and the finance and economy ministers tried to relaunch the difficult dossier.

Prospect of 'staff-level agreement' between Lebanon, IMF is fading

The logo of the International Monetary Fund in front of its headquarters in Washington. (Credit: AFP)

On March 18 in Paris, a Lebanese delegation consisting of Finance Minister Yassin Jaber, Economy Minister Amer Bisat, and Banque du Liban (BDL) governor Karim Souhaid met with representatives of the International Monetary Fund (IMF) at the Rothschild Bank headquarters, advisor to the Lebanese central bank. The meeting, organized at the initiative of the BDL, was part of preparations for the IMF's spring meetings, scheduled for next month in Washington, where Beirut hopes to resume negotiations with the institution, as the process remains stalled. More from Mounir BDL's foreign currency reserves are under pressure In a statement released on Wednesday, the BDL indicated that discussions focused on "legislative initiatives, structural reforms and the frameworks necessary to support financial stability and economic...
On March 18 in Paris, a Lebanese delegation consisting of Finance Minister Yassin Jaber, Economy Minister Amer Bisat, and Banque du Liban (BDL) governor Karim Souhaid met with representatives of the International Monetary Fund (IMF) at the Rothschild Bank headquarters, advisor to the Lebanese central bank. The meeting, organized at the initiative of the BDL, was part of preparations for the IMF's spring meetings, scheduled for next month in Washington, where Beirut hopes to resume negotiations with the institution, as the process remains stalled. More from Mounir BDL's foreign currency reserves are under pressure In a statement released on Wednesday, the BDL indicated that discussions focused on "legislative initiatives, structural reforms and the frameworks necessary to support financial stability and economic...
Comments (1)

It is increasingly clear that this situation originates from President Aoun's decision to appoint Karim Souhaid as BdL Governor. Several people had already predicted that this appointment would signal the end of any quick resolution to the financial losses impasse. Unfortunately, President Aoun's choice for the LAF Commander position has caused similar issues on the security front, issues whose consequences we are experiencing today.

Bassam Habbal

22 March 2026 18:46

Comment All comments

Comments (1)

  • It is increasingly clear that this situation originates from President Aoun's decision to appoint Karim Souhaid as BdL Governor. Several people had already predicted that this appointment would signal the end of any quick resolution to the financial losses impasse. Unfortunately, President Aoun's choice for the LAF Commander position has caused similar issues on the security front, issues whose consequences we are experiencing today.

    Bassam Habbal

    22 March 2026 18:46

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