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Al Jazeera
Al Jazeera
Business
Kareem Chehayeb

Lebanon reaches agreement with IMF on economic reforms

Lebanon Al Jazeera Sami Zoughaib Banque du Liban Beirut
Motorcycle drivers wait to get fuel at a gas station in Beirut, Lebanon in August 2021 [File: Hassan Ammar/AP Photo]

Beirut, Lebanon – Lebanon and the International Monetary Fund have reached a staff-level agreement on an economic reform plan for the crisis-hit country that could potentially unlock around $3bn of funding over several years.

The agreement comes as an IMF delegation wrapped up an 11-day visit to Lebanon on Thursday.

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