Saturday, 25th March 2023
<To guardian.ng
Search

Lebanon to resume talks with IMF, but outcome uncertain

By Abiodun Ogundairo
19 October 2021   |   10:37 am
The new Lebanese government is to resume negotiations with the IMF after talks stalled 13 months ago. Success, however, is not guaranteed, warn some experts.

Related

31 Jul 2022
The International Monetary Fund (IMF) has cut its global growth forecast to 3.2% amid high inflation and the war in Ukraine, and warned the world could be "teetering on the edge of global recession."
1 Aug 2022
A section of Beirut's massive grain silos that withstood the 2020 explosion have collapsed following a weekslong fire. Its unclear if there have been any injuries.
6 Aug 2022
The first Ukrainian grain ship has entered the Bosporus after being given the green light to proceed. The EU does not know how many Ukrainians have gone home after being given protected status. DW rounds up the latest.
13 Aug 2022
Lebanon is now going through the worst economic crisis in its history. 80 per cent of the population lives below the poverty line. In one year, food prices have jumped 500 per cent due to galloping inflation.
2 Sep 2022
The International Monetary Fund says a first agreement has been reached on a $2.9 billion loan to the bankrupt country. Sri Lanka is facing its worst economic crisis in more than 70 years.
3 Sep 2022
Zambia took a crucial step closer on Wednesday to restructuring its debts and rebuilding its ravaged economy. The International Monetary Fund said in a statement that it had approved a $1.3 billion, 38-month loan program with the southern African country.
15 Sep 2022
Lebanon is drawing up a controversial plan to deport thousands of Syrian refugees every month. The country is in the midst of an economic meltdown and its government says it can no longer host more than 1 million Syrians. NGOs, though, say forced deportations are illegal and that Syria is not safe for returnees. Our Beirut correspondent Serge Berberi went to meet some refugees who are weighing up the prospects of going back.
18 Sep 2022
Five banks were stormed by desperate depositors in Lebanon Friday making it seven heists this week alone. Those "liberating" their money have been greeted as heroes. Banks are now regrouping.
21 Sep 2022
In Lebanon, most depositors have been locked out of their savings since a financial crisis took hold three years ago. Now some of those customers are taking matters into their own hands by holding up bank branches.
9 Oct
With Russia in retreat on the battlefield, Russian President Vladimir Putin raised the stakes on Wednesday with the announcement that Russian reservists would be mobilised and referendums held in areas of Ukraine on joining Russia, all while he made threats to the West.
2 Oct
Lebanon's 2-year-old chef, Liam el Haddad - also known as "Chef Popo" - prepares recipes with his mom for more than a million followers on social media.
2 Oct
A weekly news show produced with photos, videos and personal accounts from FRANCE 24 Observers around the world – all checked by our staff here in Paris.