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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

New Lebanese Parliament Will Act on IMF Deal, PM Adviser Says

People shop decorations for the Muslim holy month of Ramadan in Beirut, Lebanon, Saturday, April 2, 2022. (AP)

A set of reforms the IMF wants Lebanon to enact before approving a funding deal for the country will largely be left for a new parliament to study, an adviser to the prime minister said on Friday, suggesting little may be done before a May 15 national election.

The IMF announced the draft funding deal on Thursday, but said its board would not decide on whether to approve it until Beirut enacts a batch of reforms including measures which ruling factions have long failed to deliver.

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