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.

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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.

The International Monetary Fund logo is displayed outside its headquarters in Washington, D.C. REUTERS/Yuri Gripas/File Photo
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