Home / Tag Archives: currency crisis

Tag Archives: currency crisis

Progress with IMF talks, say Lebanese

Lebanon’s new government aims to make progress towards starting full negotiations for an IMF deal by the end of this year or early next, but is not expecting funds to be dispersed before elections in March, a minister said on Friday. In an interview with Reuters, economy minister Amin Salam …

Read More »

Prices sore as Lebanese lira plummets

Lebanese residents were forced to pay more than double for consumer goods in July compared with a year earlier as prices soared amid a partial lifting of fuel subsidies and a record plunge in the local currency. The latest data from Lebanon’s Central Administration of Statistics shows the consumer price …

Read More »

President Aoun hopeful for new IMF talks

Lebanon’s President Michel Aoun said on Monday he hoped the new cabinet’s policy programme would include a resumption of talks with the International Monetary Fund. Aoun’s statement came as the new government, formed on Friday, was meeting for the first time in the presidential palace. “We will face big difficulties …

Read More »