Published 2 years ago

Lebanon approves 2022 budget in step towards IMF loan

Summary by Ground News

Lebanese parliament approves 2022 budget with 63 votes in favour and 37 opposed. Budget sets expenditures at 41 trillion pounds (about $1.2 billion according to black market exchange rates), while revenues are projected at 30 trillion pounds. IMF has conditioned its loan on a series of measures, including the approval of the budget.

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The Guardian Nigeria

Lebanon approves 2022 budget in step towards IMF loan

Lebanon's parliament on Monday approved the 2022 budget, one of the conditions set by the International Monetary Fund to action a bailout for the crisis-stricken country.

2 years ago·Nigeria

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