His Excellency Al-Shami, Deputy Prime Minister of the Lebanese caretaker government, expected that the wheel of reforms in the country would start turning within weeks or months at the latest.
He said in an interview with “East Economy” on the sidelines of the spring meetings of the International Monetary Fund and the World Bank in Washington, that the government has carried out the required reforms, but some measures have not yet been implemented, which requires a faster pace of reform after holding a series of meetings with the International Monetary Fund and the World Bank.
According to Chami, the negotiations with the fund have ended, and the next step is to complete the reforms until the program is approved, as he explained that the ability of the Central Bank of Lebanon to intervene in the market is diminishing; It is expected that the exchange rate of the lira will decrease if the agreement with the IMF is completed.
