Jaber during 'Spring Meetings' in Washington: Lebanon faces a historic opportunity to regain both international community & Lebanese people's confidence
NNA - The Lebanese official delegation headed by Finance Minister Yassin Jaber, took part in the spring meetings of the International Monetary Fund and the World Bank in Washington, with a remarkable outcome in terms of affirming Lebanon's commitment to reforms leading to recovery and reassuring all parties that the fruits of this effort will benefit the Lebanese people first and foremost, a domestic interest before being an external demand.
On behalf of the Lebanese government, Jaber emphasized commitment to the path of economic and institutional reform, highlighting that "the country faces a historic opportunity to regain the confidence of both the international community and Lebanese citizens."
Commending the Lebanese Parliament's passing of the law to lift banking secrecy, the Finance Minister considered that "the 87 deputies' vote on it represented a vote of confidence in the government's reform plan."
Jaber indicated that the new government, with the support of the newly elected president, has embarked on implementing a package of structural reforms, including the approval of the 2025 budget, the launch of reforms to the banking secrecy law, the development of modern tax laws, and the strengthening of governance and monitoring within state institutions, particularly in the energy, aviation, and telecommunications sectors.
During Jaber's "fruitful" meetings with OPEC Fund Head Abdul Hamid Khalifa, the latter expressed the fund's interest in supporting Lebanon financially and technically in several areas. Jaber also held another meeting with the Deputy Managing Director of the International Monetary Fund, Nigel Clark, who expressed great optimism that Lebanon, through the available opportunities and the support granted, would achieve not only financial and banking reform, but also create a favorable environment for investment and social spending that would enhance stability on multiple levels.
Participating in a meeting of MENA countries chaired by the head of the International Monetary Fund on the region's economies, Jaber called for supporting Lebanon, "which is suffering from one of the most serious financial and humanitarian crises." He also thanked the finance ministers of Saudi Arabia and Qatar for their statements calling for support for Lebanon.
Jaber also referred to a "successful meeting that opens up prospects for future cooperation" with Mr. Mohammed Al-Jasser, President of the Islamic Development Bank.
Concluding its meetings in Washington, Lebanon's delegation participated in a dialogue roundtable for Lebanese financing in the field of recovery and reconstruction through the Lebanon Emergency Assistance Project (LEAP), which brought together relevant international parties from the World Bank and the International Monetary Fund, along with representatives of international and Arab organizations, bodies, funds, and countries. Discussions focused on ways to finance reconstruction and recovery projects, determine funding priorities, and allocate the necessary resources to implement projects that contribute to enhancing economic recovery.
It is noteworthy that France opened the contributions by providing 75 million euros, while the World Bank will continue to follow up with all other parties that have expressed a willingness to assist, in order to determine their contributions.
============R.Sh.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Manar
an hour ago
- Al Manar
Israeli Occupation Forces Breach Blue Line Again, Escalating Ceasefire Violations in Lebanon
The Israeli occupation forces once again violated the UN-demarcated Blue Line on Wednesday morning, as over 50 Zionist soldiers, accompanied by two military bulldozers, crossed into Lebanese territory at the 'Bir Shouaib' area east of the southern town of Blida. The troops began excavation work at the same site where a similar breach occurred ten days ago—an incursion that was fully cleared by the Lebanese Army at the time. This latest violation came just hours after Israeli forces withdrew from Lebanese areas near Mais Al-Jabal and Blida. It was soon revealed that bulldozers had dug two large trenches and erected earth mounds in both 'Kroum Al-Mrah,' east of Mays El Jabal, and 'Bir Shouaib,' east of Blida—a clear continuation of Zionist desperate efforts to entrench control over Lebanese frontier areas. Circulating Video | Civilian footage shows Lebanese Army reinforcements heading toward the site of the Israeli incursion in 'Kroum Al-Mrah,' east of Mays Al-Jabal, late Wednesday night: Sustained Violations of UN Resolution 1701 These actions constitute a documented breach of United Nations Security Council Resolution 1701, which ended the 2006 war and obligates respect for the delineated border. Additionally, the escalations form part of a broader pattern of violations by Israeli occupation forces since the internationally brokered ceasefire took effect in November 2024. Despite Lebanon's restraint and continued coordination with UNIFIL (United Nations Interim Force in Lebanon), the occupation has persisted with limited incursions, earthworks, surveillance deployments, sporadic gunfire, and intensive aerial reconnaissance over southern Lebanon.
Nahar Net
an hour ago
- Nahar Net
Three Alawites killed after attack on Syria government forces
by Naharnet Newsdesk 11 June 2025, 11:44 Three Alawite civilians were killed in western Syria overnight, hours after an attack on government forces killed at least one officer, a war monitor said on Wednesday. Syrian authorities said four civilians were targeted by unknown attackers in the Tal Kalakh area near the Lebanese border, killing two of them. Since an Islamist-led offensive toppled longtime ruler Bashar al-Assad in December, the Alawite community, which he hails from, has been repeatedly attacked. Britain-based war monitor the Syrian Observatory for Human Rights said the three civilians were killed in Baruha village by "local armed groups" who also set fire to shops and cars. The head of security in Homs province, Murhaf Naasan, said: "Four civilians were directly targeted by unknown people, killing two of them and critically wounding two others." The deaths comes hours after Syria's state-run SANA news agency reported that a security officer had been killed in an attack in the Tal Kalakh area. In March, sectarian massacres in the Alawite heartland on Syria's Mediterranean coast saw security forces and allied groups kill more than 1,700 civilians, mostly Alawites, according to the Observatory's figures. The Islamist-led government accused Assad loyalists of sparking the violence by launching coordinated attacks on security forces. The government has since launched an inquiry.
Nahar Net
10 hours ago
- Nahar Net
Army searches building in Hadath for Hezbollah weapons
by Naharnet Newsdesk 7 hours Army forces launched Tuesday a search in a building in a densely populated area of Hadath in Beirut's southern suburbs. A Lebanese military official said the forces were looking for weapons at the request of a five-member committee supervising the Israel-Hezbollah ceasefire. The building in the Sainte-Therese street had already been targeted during the the 14-month Israel-Hezbollah war. Israel warned on Friday that it would keep up its strikes on Hezbollah targets across Lebanon, after it struck four locations in Dahieh on the eve of the Muslim holiday of Eid al-Adha. The Lebanese army condemned the airstrikes, warning that such attacks are weakening the role of Lebanon's armed forces that might eventually suspend cooperation with the committee monitoring the truce that ended the Israel-Hezbollah war. It said it had tried to convince Israel not to carry out the strikes and to instead let Lebanese officials go in to search the area under the mechanism laid out in the ceasefire agreement, but that the Israeli army refused, so Lebanese soldiers moved away from the locations after they were sent.
