Finance Minister Yassine Jaber told Al Jadeed:
The International Monetary Fund is waiting for us, and when we are ready—by passing the required laws and within what current circumstances allow—we can move forward with cooperation with it.
Regarding the IMF’s conditions, Jaber said: The Fund is committed to specific international standards, and Lebanon must align with these standards.
On the financial and monetary situation, he stressed: I promise the Lebanese that I will make every effort to preserve stability and ensure that both the financial and monetary situations remain stable.
On the social and living front, he noted that: Our priority is to pay salaries monthly and on time, while the health sector must be supported and provided with all the necessary resources.
As for the exchange market, Jaber stressed that: Some may long for the period of speculation against the lira, chaos, and the rise in the dollar exchange rate, but we will not allow that to happen again.
Regarding Banque du Liban’s reserves, he said: Banque du Liban has sufficient reserves amounting to about $12 billion, in addition to gold reserves estimated at around $45 billion, which makes the situation comfortable.
