Latest news with #YassineJaber
LBCI
8 hours ago
- Business
- LBCI
Lebanon to hold first official negotiation meeting with IMF delegation on Friday
The Lebanese government is set to hold its first formal negotiation session with the International Monetary Fund (IMF) delegation on Friday as part of renewed efforts to secure support for a comprehensive economic and financial reform program. According to a statement issued by the Finance Ministry's media office, the meeting will take place at the Ministry's headquarters in central Beirut from 2:30 p.m. to 4:30 p.m. The session marks the first official engagement between the Lebanese government and the IMF negotiating team since the Spring Meetings in Washington, following two weeks of technical talks held at the Finance Ministry. Finance Minister Yassine Jaber will lead the Lebanese delegation and include Economy and Trade Minister Amer Bisat, Banque du Liban (BDL) governor Karim Souaid, Director General of Finance Georges Maarawi, and a team of financial experts from the Finance Ministry, along with advisors from the Presidency and the Premiership involved in financial and economic matters. Ernesto Riga, chief of the IMF mission to Lebanon, will head the IMF delegation. The talks are expected to focus on reviving stalled negotiations for a recovery program aimed at stabilizing Lebanon's economy and restoring international confidence as the country faces mounting financial and institutional challenges.
LBCI
a day ago
- Business
- LBCI
Lebanese finance minister, World Bank discuss launch of Lebanon reconstruction fund
Finance Minister Yassine Jaber held a meeting with Jean-Christophe Carret, World Bank Country Director for the Middle East Department, and his accompanying delegation to discuss preparations for launching the Lebanon Emergency Assistance Project (LEAP), a reconstruction initiative. Under LEAP, the World Bank will establish a dedicated fund to attract donations to support Lebanon's recovery. Jaber said the meeting focused on technical and legal frameworks to ensure transparency and build donor confidence in the fund's governance and use of resources. He announced plans to invite ambassadors and representatives from international and Arab financial institutions to a meeting in Beirut by June 10 to formally present the project. Jaber expressed optimism about LEAP's momentum, noting growing international trust in Lebanon's leadership following recent legislative and governmental reforms. He added that upcoming meetings will intensify and involve all relevant local and international actors to ensure coordinated implementation.
LBCI
2 days ago
- Business
- LBCI
Lebanese Finance Minister meets Saudi Ambassador to discuss reform progress and bilateral ties
Finance Minister Yassine Jaber met with Saudi Ambassador Walid Bukhari on Tuesday morning, where the two discussed Lebanon's reform efforts and broader bilateral relations. According to a statement from the ministry's media office, the talks focused on the new reform dynamics underway at the Finance Ministry. These include accelerated measures aimed at ensuring financial and monetary stability while promoting economic growth. The meeting also touched on the positive momentum in Lebanese-Saudi relations, highlighted by recent supportive stances from Riyadh. The ministry expressed hope that these developments will not only strengthen ties between the two countries but also encourage investment and help revive Lebanon's struggling economy. Jaber voiced satisfaction with the meeting's tone and expressed optimism that Lebanon's ongoing reforms—both at the governmental and legislative levels—could signal the beginning of a new phase of recovery and economic improvement.
LBCI
3 days ago
- Business
- LBCI
Saudi Ambassador meets Lebanese Finance Minister to discuss economic reforms and investment ties
The Ambassador of Saudi Arabia to Lebanon, Waleed Bukhari, visited Finance Minister Yassine Jaber on Tuesday at the Ministry's headquarters in Beirut. The meeting included a discussion of the latest developments in Lebanon and the region, the reform measures adopted by the Ministry of Finance to revive the economy and stimulate growth, and ways to strengthen investment between the two brotherly countries across various sectors.
Asharq Al-Awsat
3 days ago
- Business
- Asharq Al-Awsat
Saudi Ambassador, Lebanon's Finance Minister Discuss Reforms, Regional Developments
Saudi Ambassador to Lebanon Waleed Bukhari held talks in Beirut on Tuesday with Lebanese Finance Minister Yassine Jaber. The meeting focused on the latest developments in Lebanon and the region. The officials also tackled the reforms the Finance Ministry is adopting to revive Lebanon's economy and stimulate growth. They discussed means to boost investment between their countries in various fields.
