Lebanon resumes ‘interactions’ with IMF

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Lebanon has resumed “interactions” with the International Monetary Fund with a view to agreeing an “appropriate recovery program”, the finance ministry said on Monday, as Prime Minister Najib Mikati’s new government seeks to address the country’s devastating economic meltdown. In a statement, the ministry also said the government remains “fully committed to engage in a constructive, transparent and equitable debt restructuring process with all other stakeholders”, welcoming the interest of bondholders to participate in the process. “The government reiterates its commitment to a fair and compre…

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