Intensive meetings continued in Washington as Lebanon’s delegation, headed by Finance Minister Yassine Jaber, presented the government’s and parliament’s reform plans to the IMF, World Bank, and other international partners, aiming to secure support for Lebanon’s economic recovery.
According to the minister’s media office, Jaber outlined a medium-term fiscal plan for the IMF, a positive step in the negotiation process, while discussions focused on banking sector restructuring and tax and customs reforms. Talks with the World Bank reviewed Lebanon’s project portfolio, emphasizing electricity, gas, and water initiatives, as well as upcoming social safety and digital transformation programs. The Bank welcomed Lebanon’s reform steps, announcing a visit by ten executive directors in early November.
The delegation also met with the European Commission, which expressed readiness to increase grants and aid contingent on a finalized IMF agreement.
Addressing the G-24 ministerial meeting, Jaber highlighted Lebanon’s resilience despite losses exceeding $11 billion due to regional tensions, stressing fiscal discipline, structural reforms, and private-sector partnerships as pillars for recovery. “Lebanon seeks not charity but genuine partnership,” he said, reaffirming the government’s commitment to restoring financial stability and rebuilding trust in state institutions.
According to the minister’s media office, Jaber outlined a medium-term fiscal plan for the IMF, a positive step in the negotiation process, while discussions focused on banking sector restructuring and tax and customs reforms. Talks with the World Bank reviewed Lebanon’s project portfolio, emphasizing electricity, gas, and water initiatives, as well as upcoming social safety and digital transformation programs. The Bank welcomed Lebanon’s reform steps, announcing a visit by ten executive directors in early November.
The delegation also met with the European Commission, which expressed readiness to increase grants and aid contingent on a finalized IMF agreement.
Addressing the G-24 ministerial meeting, Jaber highlighted Lebanon’s resilience despite losses exceeding $11 billion due to regional tensions, stressing fiscal discipline, structural reforms, and private-sector partnerships as pillars for recovery. “Lebanon seeks not charity but genuine partnership,” he said, reaffirming the government’s commitment to restoring financial stability and rebuilding trust in state institutions.
