Lebanon’s outgoing government on Friday approved a recovery plan for pulling the Mideast nation out of its economic meltdown, the country's information minister said. The development came during ...

Labor Minister Mohammad Haidar met Friday morning with Economy Minister Amer Bisat, in the presence of working teams from ...

If the agreement is approved, the IMF could support Lebanon’s economic recovery with up to about $3bn worth of Special Drawing Rights (SDRs) over a 46-month period.

Since Lebanon's economy began to unravel in 2019, its currency has lost around 95% of its value, banks have locked most depositors out of their savings and more than 80% of the population has sunk ...

President Joseph Aoun reaffirmed Lebanon’s national and sovereign principles during a meeting with a European delegation and ...

Lebanon signed an agreement with the IMF in April 2022 but has not met the conditions to secure a full $3 billion financing programme, seen as crucial to a recovery from one of the worst economic ...

Lebanon defaulted on its international debt in March 2020, after years of political upheaval and economic mismanagement left it unable to service a debt burden that Goldman Sachs estimated at over ...

Lebanon's central bank governor, Riad Salameh, steps down under investigation and blame for his country's economic crisis as ... and Salameh was widely celebrated for his role in Lebanon’s recovery.

In 2021, Lebanon was plunged into economic turmoil, and without outside intervention, it may not be able to dig itself out Type your search and press Enter Home ...

Lebanon's information minister says the country's outgoing government has approved a recovery plan for pulling the Mideast nation out of its economic meltdown.

BEIRUT — Lebanon’s outgoing government on Friday approved a recovery plan for pulling the Mideast nation out of its economic meltdown, the country’s information minister said.The development ...