HomeAmericaLebanese officials had 'good' meeting with IMF, finance minister says

Lebanese officials had ‘good’ meeting with IMF, finance minister says

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By Andrea Shalal

WASHINGTON, ‌April 16 (Reuters) - Lebanese Finance Minister Yassine Jaber ​on Thursday said his government had good meetings this week with ⁠the International Monetary Fund and remained committed to working toward a lending program.

Current events, including massive strikes by ​Israel on Lebanon, had delayed the process, Jaber told Reuters ‌on the sidelines of the IMF and World Bank spring meetings in Washington, but he added that officials were committed ⁠to moving forward on steps needed to ⁠secure a program.

"Our aim as a government is to reach an agreement with the IMF on a program," Jaber said. "We will start with an SLA (staff-level agreement) and ‌then progress to a program."

He said the war is ⁠estimated to have caused $7 billion in damages. ‌It was unclear how much ​further damage had been inflicted, but it was huge, Jaber added.

Jaber said Lebanon was working with the World ‌Bank to provide a rapid damage assessment, ​but added that ⁠the attacks had to stop first. Israeli forces ‌destroyed a major bridge on ⁠Thursday and last week's strikes on Beirut came with no warning.

The sides agreed to a 10-day ceasefire earlier on ​Thursday aimed at ‌halting a conflict between Israel and the Iran-aligned Lebanese group ⁠Hezbollah that was reignited ​by the U.S.-Israeli war against Iran.

(Reporting by Andrea Shalal; ​Editing by Paul Simao)

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