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The IMF on Thursday announced it had reached a staff-level agreement to provide Lebanon with a $3 billion, 46-month financing program to help it emerge from an economic crisis.
Once approved, the aid will be released under the global lender’s Extended Fund Facility to “support the authorities’ reform strategy to restore growth and financial sustainability,” Ramirez Rigo, who led the IMF mission to Lebanon, said in a statement.
>> Lebanon’s political class ‘squabbling over a field of ruins’ as economic crisis rages
(AFP)
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Source : france24

