Second Lebanese IMF negotiator quits ministry post

Financial Post | Jun 29, 2020 at 6:24 PM
  • A senior member of Lebanon’s negotiating team with the IMF resigned as finance ministry director general on Monday, saying vested interests were undermining the government’s economic recovery plan.
  • Alain Bifani, who held the ministry post for 20 years, is the second member of Lebanon’s team at the International Monetary Fund talks to quit this month.
  • The numbers have been challenged by the central bank, the banking sector and a parliamentary committee that has cast doubt on the losses and assumptions.