BEIRUT — An International Monetary Fund delegation began meetings Thursday in Lebanon to provide advice on dealing with the country's crippling economic and financial crisis amid concerns the country might default on its Eurobond debt payment for the first time. Lebanon is going through its worst economic crisis since the 1975-90 civil war. The IMF experts first held talks in the morning with Prime Minister Hassan Diab, who after the meeting headed to the presidential palace for a Cabinet session. The delegation stayed on at government headquarters for talks with Diab's advisers and left afterward without speaking to journalists. The meetings come amid concerns that Lebanon might default for the first time on paying back Eurobonds due next month.
Source: International New York Times February 20, 2020 09:00 UTC