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International Monetary Fund

Mikati insists IMF talks inevitable for Lebanon in dire straights

 Lebanon’s Prime Minister Najib Mikati said on Monday a resumption of talks with the International Monetary Fund was a necessity to pull the country out of its financial crisis.

Mikati made his remarks after a long parliamentary session, held since noon, to debate his government’s policy proposal and give a vote of confidence.

The prime minister also stressed the importance of restructuring the banking sector.

Source: Reuters

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