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Lebanon to seek IMF assistance to help with economic crisis

The prime minister said Lebanon would seek $10 billion in loans from the international financial institution after passing a reform bill.
A man wearing a face mask walks past a damaged facade of a bank, after overnight protests fuelled by worsening economic conditions, in the southern city of Sidon, Lebanon April 30, 2020. REUTERS/Ali Hashisho - RC2ZEG9LTAWF

Lebanon will seek assistance from the International Monetary Fund (IMF) to help deal with its economic crisis, the government announced today.

In an address to the nation, Prime Minister Hassan Diab outlined several economic reforms passed by the government. He said Lebanon would seek more $10 billion in loans from the IMF.

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