WASHINGTON — A team of IMF experts will visit Lebanon from Feb. 20-23 to meet with authorities on economic challenges facing the country, and provide broad technical advice, International Monetary Fund spokesman Gerry Rice said on Tuesday. IMF staff will listen to Lebanese authorities about "how they plan to face Lebanon’s economic difficulties, ... take stock of recent macroeconomic developments, and provide broad technical advice on policies to deal with the macroeconomic challenges facing the economy, he said. Rice said Lebanon had not requested financial assistance from the IMF. Reuters first reported the visit on Monday. The government of heavily indebted Lebanon is grappling with an economic crisis that has fueled violent protests, and must urgently decide on how to deal with fast-approaching debt payments, including a $1.2 billion Eurobond due on March 9.

Source: International New York Times February 18, 2020 23:26 UTC