IMF mission chief Ernesto Ramirez expressed his disappointment when meeting President Michel Aoun and a number of his advisers at Baabda Palace.

IMF mission chief Ernesto Ramirez expressed his disappointment when meeting President Michel Aoun and a number of his advisers at Baabda Palace.

| Friday 23 September 2022

He addressed Aoun, saying: "We are shocked..." because nothing has happened since the end of the elections, after we expected you to embark on the required reforms, especially after the signing of the initial agreement between you and us.

Ramirez warned that “if the Lebanese state does not show the required seriousness, we cannot help you and neither the international community,” stressing that the obligatory start is in reform, noting that there are things that do not need the Parliament, such as unifying the exchange rate that requires a decision only. It is not permissible for this unreasonable pluralism to remain in the exchange rates, and the huge differences between them.”

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