Bangkok:Finance Minister Yassine Jaber led the Lebanese delegation's participation at the International Monetary Fund and World Bank Group annual meetings, emphasizing Lebanon's commitment to financial reforms, reconstruction funding, and regional connectivity projects.
According to National news agency - Lebanon, Jaber stressed the importance of addressing Lebanon's banking crisis and maintaining fiscal discipline, while outlining progress in the government's reform agenda. He highlighted efforts such as amendments to the bank restructuring law, draft financial gap legislation, and the timely submission of the state budget.
Jaber welcomed the World Bank's support, particularly the $250 million loan for reconstruction, and urged the prioritization of regional connectivity projects to boost Lebanon's role in transport and trade. He also discussed international assistance for increasing the reconstruction fund to $1 billion with British Minister Kirsty McNeill.
Economy and Trade Minister Amer Bisat presented initiatives to enhance Lebanon's investment environment, including a program connecting companies with investors and a trust fund for small and medium-sized enterprises. The Lebanese delegation included Director General of Public Finance George Maarawi and Finance Minister advisers.