The International Monetary Fund (IMF) has welcomed the new Lebanese government's request for support in addressing severe economic challenges. Lebanon's economic crisis has pushed most of the population below the poverty line, and the previous caretaker administration did not enact reforms demanded by the IMF. The IMF has called on the Lebanese authorities to implement major reforms, including restructuring the banking sector, in order to unlock funding. A comprehensive strategy for economic rehabilitation is critical to restore growth, reduce unemployment, and improve social conditions.

Original article source: https://www.arabnews.com/node/2593571/middle-east
Source Id: 2025-03-659972355