The IMF has warned that the crisis-ridden Lebanon is at a very dangerous point, if the policy of inaction continues, there will be an endless crisis.
The IMF delegation criticized the slowness of the reform process in Lebanon, which has left billions of dollars in debt behind.
Lebanon and the IMF reached a conditional agreement of $3 billion in April last year to save the economy.
The International Monetary Fund made the loan conditional on a number of measures, including the introduction of a country-wide exchange rate, reform of bank secrecy laws, restructuring of the banking sector and the imposition of capital controls.
But even after a year of the agreement, the Lebanese authorities have not been able to implement the terms.
The head of the IMF delegation to Beirut, Ernesto Ramirez Rego, said that Lebanon is at a very dangerous point.
He warned that if this policy of inaction continues, there will be an endless crisis in Lebanon.
It should be noted that the economic disaster in Lebanon was described by the World Bank as the worst in recent world history.
It should be noted that the official price of one American dollar is 15,000 Lebanese pounds.
setTimeout(function(){
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window,document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘836181349842357’);
fbq(‘track’, ‘PageView’);
}, 6000);
/*setTimeout(function(){
(function (d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s);
js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.11&appId=580305968816694”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
}, 4000);*/