Beirut: Lebanon’s Finance Minister Yassine Jaber reaffirmed the government’s commitment to pursuing responsible policies that balance social and economic needs while safeguarding financial and monetary stability.

According to National News Agency – Lebanon, Minister Jaber’s remarks came as technical discussions between Lebanon and the International Monetary Fund (IMF) kicked off today at the Ministry of Finance. This is part of a week-long visit by an IMF delegation to Lebanon, aimed at reviewing the latest financial and monetary developments in the country.

Minister Jaber considered that the IMF delegation’s visit comes at a critical time given the challenges Lebanon faces due to mounting expenditure pressures. He emphasized that any ill-considered step could lead public finances onto an unsustainable path, thereby negatively impacting the economic situation and its stability.

Minister Jaber stated that the Lebanese government is relying on its discussions with the IMF to achieve tangible progress toward reaching a staff-level agreement, which would serve as a key starting point for revitalizing the Lebanese economy and placing it on the path to recovery.

Jaber also noted that the delegation’s visit will focus in coordination with the relevant Lebanese authorities on the draft law to address the financial gap, in addition to the medium-term fiscal framework. Both are key elements for reaching a program with the International Monetary Fund.