IMF Delegation Begins Talks on Banking Reform and Financial Gap in Beirut

An International Monetary Fund (IMF) delegation, led by Mission Chief Ernesto Ramirez Rigo, has arrived in Lebanon to conduct a round of negotiations with the Lebanese negotiating team headed by Finance Minister Yassin Jaber. The team includes Economy and Trade Minister Amer Bsat, representatives from the Central Bank of Lebanon, as well as delegates from the Presidency and the Government, alongside specialized experts.

The negotiation round focuses on reforming the banking sector and the financial gap law.

The opening session will be held at the Ministry of Finance at 9:00 AM on Tuesday, November 10, followed by discussion sessions at the Phoenicia Hotel over a four-day work program.

The talks will conclude with a session on Friday, November 13, at 2:00 PM.

The Media Office of the Ministry of Finance thanked "colleagues in the media for their constant cooperation," emphasizing "the importance of this event as a fundamental step towards resolving the banking crisis and restoring deposits to depositors, as well as pushing towards enacting appropriate legislation to finalize the agreement with the Fund, whose negotiations have lasted for years."