Institution
International Monetary Fund (IMF)
An international financial institution that provides loans to countries in exchange for economic reforms; Lebanon has been negotiating with it for years.
The International Monetary Fund is an international institution founded in 1944 to promote financial stability and monetary cooperation. It provides loans to countries facing financial crises in exchange for economic and structural reforms. Lebanon began negotiations with the IMF after the 2019 financial crisis, but a final agreement remains stalled due to slow reforms.
Written by AI and not yet reviewed by an editor.