One of the more interesting parts of the recent IMF’s Lebanon 2023 Article IV Consultation Report (published on June 29, 2023) is Annex IV on Financial Sector Restructuring. As the Lebanese crisis is primarily a banking and currency crisis, restructuring the banking sector is perhaps the most important pillar for resolving the crisis. And given how crucial this topic is, in addition to the decisive role that the IMF can play in this regard, we will concentrate in this spotlight on the report’s financial sector restructuring Annex and provide a brief summary and assessment of it.
For the full report, click on the link below:
IMF Lebanon 2023 Financial Sector Restructuring