The United States welcomes the staff-level agreement between the government of Lebanon and the International Monetary Fund (IMF). We commend the hard work of the IMF delegation and the Prime Minister’s team. Lebanon has committed to an ambitious and comprehensive reform program, including key prior actions to reform its banking sector, improve transparency, and beginning the path toward debt sustainability. We urge the quick passage of the required legislation and implementation of all prior actions. We are eager to see these reforms implemented in order to bring the IMF agreement to fruition to help rescue the economy and put it back on the path to sustainability.
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