IMF Will Only Support a 'Comprehensive Program' for Lebanon, Says Georgieva

An anti-government demonstrator holds a Lebanese flag as she stands on top of her car, during a countrywide lockdown to combat coronavirus, in Beirut, Lebanon April 21, 2020. (Reuters)
An anti-government demonstrator holds a Lebanese flag as she stands on top of her car, during a countrywide lockdown to combat coronavirus, in Beirut, Lebanon April 21, 2020. (Reuters)
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IMF Will Only Support a 'Comprehensive Program' for Lebanon, Says Georgieva

An anti-government demonstrator holds a Lebanese flag as she stands on top of her car, during a countrywide lockdown to combat coronavirus, in Beirut, Lebanon April 21, 2020. (Reuters)
An anti-government demonstrator holds a Lebanese flag as she stands on top of her car, during a countrywide lockdown to combat coronavirus, in Beirut, Lebanon April 21, 2020. (Reuters)

IMF Managing Director Kristalina Georgieva said on Thursday the fund would only support a "comprehensive program" for Lebanon that would tackle all the country's ills, including corruption.

"Our team is working very closely with their Lebanese counterparts," Georgieva told reporters. "We are stressing that it has to be a comprehensive program."

Lebanese officials began talks with the IMF last month to pull the Middle Eastern country out of the worst economic crisis in its history, reported AFP.

Georgieva called Lebanon's circumstances "very, very dire," and said "it has been so for a long time, and short of a strong government commitment to change the course of the country, the suffering of the Lebanese people would continue."

She said the Washington-based crisis lender was negotiating over a budget proposal that would address Lebanon's banking sector and "reforms that the country needs including more transparency for what the government does."

Lebanon defaulted on its sovereign debt in 2020, a first in its history.

Its currency has lost about 90 percent of its value on the black market and four out of five Lebanese now live below the poverty line, according to the United Nations, a situation made worse by triple-digit inflation.

Despite the economic collapse, the country's ruling class has blocked reforms that foreign donors say must happen before aid is dispensed.



Displaced People Return to South Lebanon as Ceasefire Appears to Hold

 People in their cars return back to their villages after the ceasefire between Hezbollah and Israel began early morning, in Tyre, south Lebanon, Wednesday, Nov. 27, 2024. (AP)
People in their cars return back to their villages after the ceasefire between Hezbollah and Israel began early morning, in Tyre, south Lebanon, Wednesday, Nov. 27, 2024. (AP)
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Displaced People Return to South Lebanon as Ceasefire Appears to Hold

 People in their cars return back to their villages after the ceasefire between Hezbollah and Israel began early morning, in Tyre, south Lebanon, Wednesday, Nov. 27, 2024. (AP)
People in their cars return back to their villages after the ceasefire between Hezbollah and Israel began early morning, in Tyre, south Lebanon, Wednesday, Nov. 27, 2024. (AP)

Long-displaced residents of south Lebanon started returning to their homes amid celebrations hours after a ceasefire between Israel and the Hezbollah group took effect early Wednesday morning.

The ceasefire has brought relief across the nation, coming after days of some of the most intense airstrikes and clashes since the war began, though many wondered if the agreement to stop fighting would hold. Israel has said it will attack if Hezbollah breaks the ceasefire agreement, which was announced Tuesday.

Hundreds of cars made their way into southern Lebanon, defying a warning from the Israeli army to stay away from previously evacuated areas.

Israeli military spokesman Col. Avichay Adraee issued the warning on the social platform X.

“You are prohibited from heading towards the villages that the IDF has ordered to be evacuated or towards IDF forces in the area,” Adraee wrote, using an acronym for the Israeli military. “For your safety and the safety of your family members, refrain from moving to the area.”

At least 42 people were killed by Israeli strikes across Lebanon on Tuesday, according to local authorities. Hezbollah also fired rockets into Israel on Tuesday, triggering air raid sirens in the country’s north.

Displaced people started returning to the coastal city of Tyre on motorcycles and in cars early Wednesday.

Ahmed Husseini said returning to southern Lebanon was an “indescribable feeling” and praised Speaker of Parliament Nabih Berri, who led Lebanon’s negotiations with Washington. “He made us and everyone proud.”

Husseini, who earlier fled a town near the coastal city, spoke to The Associated Press while in his car with family members.

Meanwhile, sporadic celebratory gunfire can be heard at a main roundabout in the city, as people returning honked the horns of cars — some piled with mattresses — and residents cheered.

A couple of men shouted slogans praising slain Hezbollah leader Hassan Nasrallah, who was killed in an Israeli airstrike in September.

Hussein Sweidan said he sees the ceasefire as a victory for Hezbollah. “This is a moment of victory, pride and honor for us, the Shiite sect, and for all of Lebanon,” he said.

The Israel-Hezbollah ceasefire marks the first major step toward ending the regionwide unrest triggered by Hamas’ attack on Israel on Oct. 7, 2023, but it does not address the devastating war in Gaza.

Hezbollah began attacking Israel a day after Hamas’ attack. The fighting in Lebanon escalated into all-out war in September with massive Israeli airstrikes across the country and an Israeli ground invasion of the south.

In Gaza, more than 44,000 people have been killed and more than 104,000 wounded in the nearly 14-month war between Israel and Hamas, according to Gaza’s Health Ministry.