Lebanon’s caretaker prime minister Thursday asked international funding bodies for support in drawing up an emergency rescue plan for his protest-wracked country.
Donors including the World Bank and the International Monetary Fund on Wednesday rebuffed a plea for financial aid pending the rapid formation of a new government to implement key economic reforms.
Caretaker premier Saad Hariri on Thursday made phone calls to World Bank president David Malpass and IMF managing director Kristalina Georgieva, his office said.
“Hariri stressed his commitment to preparing an urgent rescue plan to resolve the crisis, while waiting for the formation of a new cabinet able to implement it,” it said in a statement.
“He discussed with both the technical support the Work Bank and IMF could provide in drawing up this plan,” it added.
Lebanon has been rocked by unprecedented popular protests since October 17 over official mismanagement and corruption demonstrators blame for a…
Source: Vanguard Newspaper
