International Monetary extends his visit to Lebanon to discuss his recovery from the crisis
Economy News _ Baghdad
Informed sources said that the International Monetary Fund delegation visiting Lebanon will continue its meetings with Lebanese officials on Monday, extending the visit that was expected to end on Sunday and that aims to provide technical advice.
The IMF delegation started meetings with the Lebanese authorities on February 20 to provide expanded technical advice on ways to tackle a worsening financial and economic crisis in the country. The fund had announced that its delegation would stay there until February 23.
Lebanon did not ask for financial assistance from the fund, as it devises a plan to confront a long-standing financial crisis that has worsened last year with slowing capital flows and protests against the ruling elites.
The sources familiar with the meetings said that the talks will continue until the Lebanese government makes a decision on issues related to technical assistance. The sources added, without elaborating, that the results of the meetings were “positive”.