IMF warns Lebanon at 'very dangerous moment'
Crisis-hit Lebanon is "at a very dangerous moment", a visiting International Monetary Fund delegation said Thursday, criticising slow progress on reforms needed to unlock billions in loans.
Lebanon and the IMF reached a conditional agreement in April 2022 on a $3-billion-dollar loan needed to save the country's economy, in free fall since 2019.
But nearly a year after Beirut signed the agreement, officials have yet to enact the substantial changes required to kickstart the 46-month financing programme.