Crisis-hit Lebanon needs 12-15 billion dollars in loans from its partners to kickstart its economic recovery, Central Bank Governor Riad Salameh said Tuesday.


“Our quota in the International Monetary Fund is $4 billion,” he said in an interview with AFP.

“If countries add to it, we could reach $12 to $15 billion, an amount that could help start Lebanon’s recovery and restore confidence.”



Lebanon needs $12-15bn to kickstart recovery: central bank
Source: Viral Real Articles