Lebanon hopes to gather $15 bln in grants and loans from IMF, other international institutions
- Country:
- Egypt
Lebanon's central bank chief Riad Salameh told Sky News Arabia on Friday that Lebanon hopes, by reaching agreements with the International Monetary Fund, to gather $15 billion in grants and loans from the Fund and other international institutions.
On Thursday, the IMF said it had reached a draft funding agreement with Lebanon, but that Beirut needed to enact a batch of economic reforms first before its board decides whether to approve the deal.
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