IMF warns Lebanon at 'very dangerous moment'

MENA

Published: 2023-03-23 18:02

Last Updated: 2024-05-21 22:33


IMF warns Lebanon at 'very dangerous moment'
IMF warns Lebanon at 'very dangerous moment'

Crisis-hit Lebanon is "at a very dangerous moment", a visiting delegation of the International Monetary Fund said on Thursday, criticising slow progress on reforms needed to unlock billions in loans.

"We think Lebanon is at a very dangerous moment, at a crossroads," said Ernesto Ramirez Rigo, who headed the IMF delegation in Beirut, warning the continued "policy of inaction is going to leave Lebanon in a never-ending crisis".