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Lebanon Central Bank chief says country needs $12-15 bln to kickstart economy

Crisis-hit Lebanon needs 12-15 billion dollars in loans from its partners to kickstart its economic recovery, Central Bank Governor Riad Salameh said on Tuesday.

“Our quota in the International Monetary Fund is $4 billion,” he said in an interview with AFP.

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“If countries add to it, we could reach $12 to $15 billion, an amount that could help start Lebanon’s recovery and restore confidence.”

Read more: Lebanese leaders promise 2022 elections will be held on time, says UN chief Guterres

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