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IMF warns Lebanon at ‘very dangerous moment’


Crisis-hit Lebanon is “at a very dangerous moment,” a visiting delegation of the International Monetary Fund said on Thursday, criticizing slow progress on reforms needed to unlock billions in loans.

“We think Lebanon is at a very dangerous moment, at a crossroads,” said Ernesto Ramirez Rigo, who headed the IMF delegation in Beirut, warning the continued “policy of inaction is going to leave Lebanon in a never-ending crisis.”

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