The International Monetary Fund
The International Monetary Fund

LEBANON – The International Monetary Fund (IMF) announced that the Lebanese economy has shown resilience despite regional conflicts.

The tourism sector contributed to some recovery, but restoring full growth requires comprehensive reforms.

IMF spokesperson Julie Kozak said the IMF “is still holding talks with the Lebanese authorities, who requested a program supported by the IMF in March 2025.” This included sending a team of IMF experts to Beirut in early February.

She added that the discussions focused on two main issues: the need to restructure the banking sector and to develop a medium-term financial strategy.

Lebanon’s talks with the IMF have made “significant progress,” according to the Ministry of Finance, moving to a technical discussion on the proposed reforms.

Passing the medium-term financial framework and the banking reform law before the Washington meetings is considered essential for their success.

The proposed approach focuses on controlling public finances and restructuring the banking sector while protecting small depositors.

In Washington, it will be decided whether Lebanon’s commitments will lead to a final agreement or return the country to a stalemate.