Lebanon's Berri sees need for IMF help to draw up rescue plan - source

Parliament Speaker Nabih Berri believes Lebanon needs technical help from the International Monetary Fund to draw up an economic rescue plan and a decision on whether to pay a Eurobond maturing in March should be taken based on IMF advice, an-Nahar newspaper and a government source said on Tuesday.

Berri also believes Lebanon cannot "surrender" itself to the IMF "because of its "incapacity to bear its conditions," said an-Nahar, quoting Berri's visitors, and the government source, who spoke to Reuters on condition of anonymity.

 

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