IMF

To Those Betting on the International Monetary Fund

An official Lebanese delegation is heading to Washington, DC to participate in the IMF and World Bank Spring Meetings, carrying with it new promises and commitments aimed at pleasing these two international institutions. It seeks to convince them that Lebanon has indeed embarked on the path of reform and seeks to go even further by fulfilling all ...

Lebanon’s Increased IMF Subscription: A Prerequisite for Future Funding?

The Finance and Budget Committee, chaired by MP Ibrahim Kanaan, has tentatively approved an increase in Lebanon's contribution to the International Monetary Fund, requesting Minister of Finance Yassine Jaber to provide a study on the feasibility of raising Lebanon’s contribution by $423 million. According to Kanaan, the increase in ...

Syria Ministers to Attend IMF and World Bank Meetings Next Week

Syrian ministers and the country's central bank chief are to take part in the International Monetary Fund and World Bank's spring meetings in Washington next week, two sources told AFP on Monday. Foreign Minister Asaad al-Shaibani, Finance Minister Mohammed Barnieh and central bank governor Abdul Qadir al-Hasriya were set to join the April 21-26 ...

Official Start of Negotiations with IMF, Jaber Confirms: No Write-Off of Deposits

Lebanese authorities announced the resumption of negotiations with the International Monetary Fund (IMF) to reach a final agreement that would grant the country loans while advancing its reform agenda. Talks between the Lebanese government and the IMF began on Wednesday, aiming for a staff-level agreement as a step toward broader negotiations to ...

Humanitarian Crisis: The Yemeni Population Overlooked by the International Community

After more than a decade of conflict, Yemen is mired in one of the world’s worst humanitarian crises. Malnutrition, epidemics and water shortages persist, with nearly half of the population facing “food insecurity,” according to the International Monetary Fund (IMF), and 80% relying on humanitarian aid to survive. The situation ...

IMF, Egypt Reach Deal Unlocking $1.2 Bn

The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the country access to about $1.2 billion. The funding access is subject to executive board approval. "The Egyptian authorities have continued to implement key policies to preserve macroeconomic stability, despite ongoing regional tensions ...