• In response to journalists’ questions, Jihad Azour, Director of the Middle East and Central Asia Department of the International Monetary Fund, indicated that “the role of the IMF is to help countries accelerate the implementation of the reforms that the country needs to confront the imbalances,” considering that with regard to the financial sector in Lebanon, it “must be To be able to finance the economy and achieve recovery.”
    With regard to the banking sector, he saw the need to focus on the financial conditions of banks, “and what the Fund requires in this context is to work on a general assessment of the quality of the banks’ budget, and to ensure that it is regular and prepared for confrontation and assistance in order to finance the economy and achieve recovery, so that the Lebanese economy can rise “. He reiterated that “Lebanon is facing a complex financial and monetary crisis that has exacerbated inflation rates due to the high fiscal deficit.”

By sarah

Sarah Othman, biochemistry student, holds a master's degree 1 from the Lebanese University. Seeking to obtain a second degree in the field of informatics. She works in the media field at Rahal Global News. Interested in cultural, artistic and news matters. A teacher in a school, and a private teacher . Holding laboratory experience in a government hospital and in private laboratories.