SAWT BEIRUT INTERNATIONAL

| 3 March 2024, Sunday |

Black market dollar remains stable, registers between 26,750-26,800 LBP

The black market dollar registered on Saturday between 26,800 Lebanese pounds for purchase and 26,750 Lebanese pounds for sale.

The session of parliamentary committees devoted to examining “Capital Control” was canceled due to a lack of quorum.

Sharp criticism was leveled at the Lebanese government’s announced proposal to enact banking reforms in collaboration with the International Monetary Fund.

On April 7, the International Monetary Fund announced that it had reached an agreement with Lebanon at the staff level regarding economic policies, in order to facilitate funding from the Fund for a period of four years.

According to a statement issued by the Fund, the Lebanese authorities, with the support of IMF experts, formulated a comprehensive economic reform program aimed at rebuilding the economy, restoring financial sustainability, enhancing governance and transparency, removing obstacles to job growth, and increasing social spending and reconstruction.

    Source:
  • Sawt Beirut International