Lebanese minister sees 'harmony' in talks over financial losses


Lebanon's Economy Minister Amin Salam gestures as he walks at the presidential palace in Baabda, Lebanon September 13, 2021. REUTERS/Mohamed Azakir

BEIRUT (Reuters) - Lebanon's banking sector, central bank and other players in its financial system are working in "harmony" to agree on the size and distribution of losses sustained during the country's economic meltdown, the economy minister said on Wednesday.

Lebanon is in the throes of a devastating financial meltdown which Prime Minister Najib Mikati's new government has vowed to address by seeking to revive talks with the International Monetary Fund.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Trump meets Vietnam leader, vows to remove Hanoi from restricted lists
Analysis-Supreme Court checks Trump's expansive view of executive power
Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy
US says it struck vessel in the eastern Pacific, killing three men
1st LD: Trump says he will sign order imposing 10 pct global tariff
Tajikistan's population reaches 10.72 million
Switzerland takes men's curling bronze, Sweden, Switzerland set up women's final at Milan-Cortina
Coventry hails Milan-Cortina Games as 'truly successful'
Medal table at Milan-Cortina Winter Olympics on February 20
U.S. stocks close higher

Others Also Read