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Emerging MarketsEM Middle East

Lebanon faces ‘dead end’ as IMF package remains distant

PA_Hassan_Diab_575x375_11Aug2020

Monday’s resignation of Lebanon’s government in the wake of last week’s blast in Beirut has intensified angst among market spectators over the country’s future. IMF assistance hinges on the new government being reformers, and investors are being urged to be patient through what is expected to be a rocky restructuring process.

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