Comments on Lebanon’s IMF negotiations, 1-3 Jul 2020

4 July, 2020
read 1 minute

Dr. Nasser Saidi’s comments on Lebanon’s IMF negotiations appeared in multiple articles, as posted below.
 
In the New York Times article titled “Rescue Talks With the IMF ‘Hit the Rocks’ as Lebanese Suffer” which was published on Jul 1st
Several current and former Lebanese officials, diplomats, international officials, economists and analysts agreed that talks with the IMF to rescue Lebanon from an economic crisis are going nowhere. Meanwhile, time is running out.
“This (IMF talks) is hitting the rocks” says Nasser Saidi, a former economy minister and central banker.

“It is incredible that a bunch of parliamentarians in a failed state are trying to question the expertise of the IMF,” Saidi, the ex-minister, said. “There is no way the IMF is going to accept it.”

 
In the VOA News article titled “As IMF Talks Drag, Lebanon’s Economy Spirals” which was published on Jul 2nd
Critical bailout talks between Lebanon and the International Monetary Fund may be ‘hitting the rocks,’ according to a former economy minister and central banker, Nasser Saidi.
 
In The National’s article titled “Lebanon-IMF talks hit ‘rock bottom’ as France fears violence” which was published on Jul 2nd
“This [IMF talks] is hitting the rocks,” says Nasser Saidi, a former economy minister and central banker.

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