A money exchange vendor displays Lebanese banknotes in his Beirut shop. The country’s real GDP is estimated to have declined by 10.5 per cent in 2021, according to the World Bank. Photo: Reuters
A money exchange vendor displays Lebanese banknotes in his Beirut shop. The country’s real GDP is estimated to have declined by 10.5 per cent in 2021, according to the World Bank. Photo: Reuters

Business

Economy

Lebanon's $3bn deal with IMF expected to fuel 'reform momentum' but difficulties persist

Undertaking a restructuring plan for the banking sector could prove to be challenging, S&P says

Fareed Rahman
Fareed Rahman

April 15, 2022

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