IMF and Lebanon hold talks on rapid war relief funds
IMF and Lebanon are discussing an aid package of up to $1 billion to help the country manage the Middle East war impact. Funds would provide budget support.
Xurve View
Xurve View
The International Monetary Fund is reportedly in negotiations to provide a rapid financial lifeline to Lebanon to help the country manage the economic consequences of the conflict in the Middle East. The discussions are centered on a fast-track assistance package that could provide between $800 million and $1 billion in funding. This capital is expected to be used for budget support and to strengthen humanitarian response efforts across the country.
