WASHINGTON: The International Monetary Fund (IMF) says it is willing to redouble efforts to help Lebanon after the devastating blast that hit Beirut, but all of the country’s institutions must show willingness to carry out reforms.
In a statement to an emergency donor conference for Lebanon, the IMF’s managing director Kristalina Georgieva laid out reforms expected, including steps to restore the solvency of public finances and the soundness of the financial system, and temporary safeguards to avoid continued capital outflows.
