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Restoring economic growth in Lebanon will require comprehensive reforms, IMF says

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Restoring economic growth in Lebanon will require comprehensive reforms, IMF says

WASHINGTON(RAHNUMA): Lebanon’s economy has shown resilience despite conflicts in the region, with tourism fueling a bit of a rebound, but restoring growth will require comprehensive ⁠reforms, the International ⁠Monetary Fund said on Thursday.

IMF spokeswoman Julie Kozack said the IMF ⁠remained in discussions with Lebanese authorities, following their request for an IMF-supported program in March 2025, including a staff mission to Beirut in early February.

Discussions ⁠were ⁠focused on two big issues, she said, citing the need for banking sector restructuring and a medium-term fiscal strategy.

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