Lebanon's progress in implementing reforms remains very slow - IMF

Lebanon's President Michel Aoun meets with a delegation from the International Monetary Fund at the presidential palace in Baabda, Lebanon September 21, 2022. Dalati Nohra/Handout via REUTERS

BEIRUT (Reuters) - Lebanon's progress in implementing reforms required to unlock relief funds from the International Monetary Fund (IMF) remains very slow, the IMF said in a statement on Wednesday.

Lebanon agreed with the IMF on a list of 10 reforms to get access to $3 billion to ease its financial meltdown, which has left eight in 10 people poor and is considered one of the worst globally since the Industrial Revolution.