President of the Republic, General Michel Aoun, received the newly appointed resident representative of the International Monetary Fund in Beirut, Mr. Federico Lima, on the occasion of assuming his duties in Beirut.

President Aoun wished Lima success in his new responsibilities, appreciating the existing cooperation between Lebanon and the IMF to address the economic situation.

President Aoun also assured Lima that “Lebanon is committed to carrying out the required reforms”, asserting the need for the IMF’s program within the limits of its applicability in Lebanon.

For his part, Mr. Lima expressed happiness to be in Lebanon as a resident representative of the International Monetary Fund, wishing for the speedy adoption of the necessary reform steps, including capital control, banking secrecy, and other measures related to restructuring the banking sector.

Source: NNA