The negotiating team of economic bodies with the International Monetary Fund (IMF), led by former minister Mohamed Shakir, emphasized its well-known principles, particularly the need to adopt them regarding the approval of a fair and reliable financial and economic recovery plan that preserves private property and deposits. This plan should be based on realistic and objective assumptions that stimulate economic growth and activate economic sectors, while primarily considering the implementation of social programs through the creation of social safety nets and the restructuring of the public sector. At the same time, they stressed the necessity of not including any measures in the plan that could restrict or suffocate the private sector, which is needed to drive economic growth.
During the meeting with the IMF mission led by Ernesto Ramirez Rigo, the economic bodies expressed their eagerness to cooperate with the IMF, as they are a key partner in this process representing the private sector. They reaffirmed their strong commitment to the success of negotiations between Lebanon and the IMF and achieving the desired objectives. They noted that for this purpose, they are diligently working to provide all relevant data and information to the IMF delegation, originating from their keen interest in ensuring that the agreement between Lebanon and the fund, along with the economic and financial recovery program, serves the national economy, economic sectors, the Lebanese community, and depositors.
