The International Monetary Fund is considering ways to assist Lebanon, but also calling for the heavily indebted country to enact sweeping economic reforms, the lender’s managing director said.
“The IMF is exploring all possible ways to support the people of Lebanon,” IMF Managing Director Kristalina Georgieva said in a statement. “It is essential to overcome the impasse in the discussions on critical reforms and put in place a meaningful program to turn around the economy and build accountability and trust in the future of the country.”