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IMF warns of Lebanon economy
March 23rd, 2023 - 08:32 GMT

IMF warns of Lebanon dire economic situation

ALBAWABA — International Monetary Fund on Thursday warned that crisis-hit Lebanon is in a very dangerous situation, failing to implement reforms a year after committing to changes in an effort to unlock billions in loans. In April 2022, Lebanon and the IMF reached a conditional agreement on a $3 billion loan needed to save the country's economy that has been in a free fall since 2019. The IMF had conditioned ...
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