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Nafez Zouk

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Lebanon Needs Minimum $10 Billion to be Rescued from Its Crisis
April 9th, 2020 - 06:00 GMT

Lebanon Needs Minimum $10 Billion to be Rescued from Its Crisis

Lebanon requires net external financing of $10 billion-$15 billion over the next five years to help it through its financial crisis, according to a draft government plan seen by Reuters. The draft plan, which is being discussed by the cabinet, marks the most comprehensive blueprint yet on tackling the crisis. In it, the plan is described as a “good basis” in case of negotiations with the IMF. Lebanon has yet ...
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