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Lebanon parliament ready to agree legislation, reforms for IMF-backed programme

lebanon bank

Lebanon’s parliament is ready “with great seriousness” to secure the necessary legislation and reforms to make a programme supported by the International Monetary Fund (IMF) a success, parliament speaker Nabih Berri said on Thursday.

The IMF said on Thursday it had reached a staff-level agreement with Lebanon for a four-year extended fund facility that would only get full approval from the fund if Beirut enacts a series of reforms.

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