April 08, 2022

Menendez, Risch, Meeks, McCaul Statement on Staff-Level Agreement Between IMF, Lebanese Government

WASHINGTON — U.S. Senators Bob Menendez (D-N.J.) and Jim Risch (R-Idaho), Chairman and Ranking Member of the Senate Foreign Relations Committee, were joined by Representatives Gregory Meeks (D-N.Y.) and Michael McCaul (R-Texas), Chairman and Ranking Member of the House Foreign Affairs Committee, in welcoming the recent staff-level agreement between the International Monetary Fund and the Lebanese government to provide the country with much-needed assistance in the midst of its financial crisis:

“We welcome the staff-level agreement between the International Monetary Fund and the Lebanese government. If implemented, this agreement will provide Lebanon with much-needed resources to address the country’s financial crisis, in return for equally important reforms aimed at returning Lebanon’s economy to a sound and sustainable footing. We strongly urge the Lebanese government to quickly take the steps required by the IMF, including passing and implementing important legislative reforms, in order to fully secure this agreement and help the Lebanese people.”

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Juan Pachon