A senior member of Lebanon’s negotiating team with the International Monetary Fund (IMF) has resigned, becoming the third to do so over deadlocked talks, a source close to the finance ministry told Reuters on Sunday.
Talal Salman was economic adviser to the Lebanese finance ministry. A ministry spokeswoman declined to comment.
Lebanon began talks with the IMF for a bailout in May after defaulting on its huge sovereign debt but the negotiations were put on hold in July due to a lack of action on reforms and a row on the Lebanese side over the size of its vast financial losses.
The government that launched the talks resigned this month over the Aug. 4 port explosion in Beirut that fueled public anger at a political class seen as responsible for the country’s many woes, including a deep financial crisis rooted in corruption and mismanagement.
Half of Lebanon at risk of food crisis following Beirut explosion, warns UNMore than half of Lebanon's population risk facing a food crisis in the aftermath of a Beirut port blast that compounded the country's many woes, a UN ... Middle East
Beirut blast: Lebanon death toll rises to 190, government report saysThe death toll from this month’s Beirut port blast has risen to 190 with more than 6,500 injured and three people missing, Lebanon’s caretaker ... Middle East
Beirut explosion: Seven still missing after port blast, says Lebanese armyThe Lebanese army said on Saturday that seven people, including at least three Lebanese nationals, remained missing after an August 4 blast at Beirut ... Middle East