IMF: Initial agreement with Lebanon on a $3 billion plan👌🏻
On Thursday, the International Monetary Fund announced that it had reached a preliminary agreement with the Lebanese authorities on an aid plan worth $3 billion over four years. Ramirez Rigo, who headed the IMF delegation to Lebanon, said in a statement carried by Agence France-Presse, that if the plan is approved by the Fund’s management and board, the aid sent to Lebanon will fall within the framework of “supporting the authorities’ reform plan to restore growth and financial stability.” . The statement stated that the Lebanese authorities had agreed to carry out "several decisive reforms" before the meeting of the International Financial Corporation's board of directors.This came after Lebanon announced its bankruptcy the last week ,my heart with Lebanon and the Lebanese people, and God willing, this crisis will pass.🇱🇧♥️
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