Lebanon to Receive $1.13 Billion from IMF

W460

The Ministry of Finance was informed on Monday from the International Monetary Fund that Lebanon will receive about $1.135 billion “as part of the Special Drawing Rights,” the National News Agency said.

The Ministry of Finance had asked the International Monetary Fund to transfer the special drawing rights that Lebanon can benefit from, especially those belonging to the year 2009.

The total value is a sum of 860 million dollars for the year 2021 and 275 million dollars for the year 2009.

“The funds will be deposited in the central’s bank accounts on September 16,” the agency added.

SourceNaharnet
Comments 5
Default-user-icon cocoman (Guest) 13 September 2021, 15:12

This is insane... They are giving the thieves more money.... I cannot believe this!!! People are dying of hunger, their savings have been stolen, not a single reform has been implemented, they put together a government of cronies and mafia, and the international retarded community is giving the thieves MORE MONEY!!

Thumb i.report 13 September 2021, 18:17

How much of it will reach the corrupt ruling class pockets?

Thumb Surrounded 13 September 2021, 19:24

Don't worry about this. 99.99% of it.

Thumb Surrounded 13 September 2021, 19:24

They need all the funds they can to get re-elected by the fools who will vote for them for a penny or two.

Missing cedars 14 September 2021, 13:37

Can we just simply use this money to build ONE nuclear plant to generate fuel and rest of money goes to hospitals and medicine.