Berri Says Lebanon Needs IMF ‘Help’
Speaker Nabih Berri sees a need for help from the International Monetary Fund to draw a rescue plan for Lebanon’s crippling economy, media reports said on Tuesday.
“Lebanon needs technical assistance from the International Monetary Fund to formulate an economic rescue plan,” Berri was quoted as saying.
He was also quoted that the “IMF should advise on Lebanon’s $1.2 billion Eurobonds due to mature in March.”
Berri visitors quoted the Speaker as saying that he also believes that Lebanon can not “surrender” itself to the IMF because “it can not bear its conditions,” An-Nahar daily said.