Reuters – Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), stated today, Saturday, that the Fund intends to "strongly" support Iraq through a requested loan program, while "intensive" discussions are underway regarding support for Lebanon, reflecting noticeable progress toward approving a loan program.
Speaking at a closing press conference for the Annual Meetings of the IMF and the World Bank in Bangkok, Georgieva added: "We will provide Iraq with financial and policy support. As for Lebanon, we are engaged in intensive discussions with the Lebanese authorities."
She continued, saying: "We have made significant progress on the program. We still have some joint work ahead of us, and I am confident that we will succeed in doing so."
