A recovery plan Lebanon is negotiating with the IMF expertly diagnoses the bankrupt state’s colossal losses but fails to commit to radical reform, the vital ingredient needed for a financial bailout …
French ambassador: Lebanon must get on with IMF talks: report
France’s ambassador urged Lebanon to make rapid progress in talks with the IMF, local media said on Monday, as the country seeks help to escape a dire financial crisis.
20 years after Lebanon pullout, war with Hezbollah won’t be walk in park
The next war with Hezbollah won’t be a walk in the park – and could even see the Lebanese and Syrian armies take part.
Lebanon to resume economic re-opening from Monday after coronavirus shutdown
Already in the throes of a deep economic crisis, Lebanon began easing virus-related restrictions on business late last month to try to restore some economic activity. But that plan was paused last …
QRCS, QFFD to provide medical, food aid for Palestinian refugees in Lebanon
Qatar Red Crescent Society (QRCS) and Qatar Fund for Development (QFFD) have signed a memorandum of understanding (MoU) to co-launch an immediate response to Covid-19 at Palestinian refugee camps in …
Lebanon arrests central bank official over currency manipulation
The financial prosecutor’s order marks the first arrest of an official at the central bank during Lebanon’s crisis.
Coronavirus: Lebanon opens farm market, closing street for outdoor business
The city is opening its farm market on Thursday and closing a downtown Lebanon street in coming weekends while taking precautions designed to prevent the spread of COVID-19 .
Lebanon announces flights out for crisis-hit foreign workers
Some foreign workers wishing to be repatriated from crisis-hit Lebanon will be able to do so from next week, security forces said Friday, after many saw their salaries slashed in recent months.
Crisis-hit Lebanon ready to float pound after aid: minister
Lebanon, whose currency has been pegged to the dollar for 23 years, is ready to float the pound only after it secures billions in aid, Finance Minister Ghazi Wazni said Friday. Speaking to AFP after t …
Timeline – Lebanon’s Ordeal: Economic and Political Crises Since Civil War
Lebanon begins negotiations with the International Monetary Fund this week, seeking the IMF’s financial assistance for the first time as the country grapples with an acute financial crisis. The …