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Greetings to Kuwaiti News: IMF’s $3 billion signifies confidence boost

Minister of Economy Amin Salam affirmed that we are facing a dilemma and a rapid deterioration, and we no longer have enough time in light of the deteriorating conditions, whether on the social, living, hospital, educational and security levels, and Lebanon’s endurance does not exceed months, if we do not hasten to pass the reform bills in Parliament. Pointing out that the message of the IMF delegation was clear and precise in this regard.

And if the agreement with the IMF is threatened with cancellation, Salam confirmed to the newspaper “Kuwaiti news” There is a positive issue that was confirmed to me by the CEO of the International Monetary Fund, Kristina Georgieva, during our meetings in Washington, and it was confirmed by the head of the delegation in Beirut that the IMF will not leave Lebanon, and it is difficult to cancel the initial agreement with it despite the passage of nearly a year, but patience is with the fund He has reached his final stages, and he may extend the deadline, and then say that he has priorities in other countries, such as Europe and Africa.

Salam believed that there is no alternative vision for the government at present except for the International Monetary Fund, but the gateway to the solution is the election of a president of the republic and the formation of a new effective government, and this would put Lebanon on the map of restoring confidence, pointing out that the $3 billion from the Monetary Fund is not enough. To restore the country and it is like a “fingerprint” or “seal” as an expression of confidence.

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