The Cabinet met in Baabda on April 30, 2026. (Credit: NNA)
Despite the wartime context, the government on Thursday, April 30, took another step forward on another sensitive issue: banking restructuring.The Cabinet approved a series of amendments prepared by the Finance Ministry to the banking resolution law passed by Parliament in July 2025 — a text that, together with the so-called “gap law”, has for years ranked among the IMF’s key reform demands.Last January, the government had submitted an initial revised version of the law to Parliament, but was forced to withdraw it after it was deemed not sufficiently in line with IMF expectations. The amendments affected "all the articles" of the law and their drafting required "85 hours of discussions with IMF experts," said a minister.'Do you want a deal with the IMF or not?'During the session, Finance Minister Yassine Jaber...
Despite the wartime context, the government on Thursday, April 30, took another step forward on another sensitive issue: banking restructuring.The Cabinet approved a series of amendments prepared by the Finance Ministry to the banking resolution law passed by Parliament in July 2025 — a text that, together with the so-called “gap law”, has for years ranked among the IMF’s key reform demands.Last January, the government had submitted an initial revised version of the law to Parliament, but was forced to withdraw it after it was deemed not sufficiently in line with IMF expectations. The amendments affected "all the articles" of the law and their drafting required "85 hours of discussions with IMF experts," said a minister.'Do you want a deal with the IMF or not?'During the session, Finance Minister...
'American sponsorship is a guarantee,' says Lebanese-American coordination committee