Washington, D.C. - House Foreign Affairs Committee Ranking Member Michael McCaul (R-TX) and Chairman Gregory Meeks (D-NY) along with Senate Foreign Relations Committee Ranking Member Jim Risch (R-ID) and Chairman Bob Menendez (D-NJ) released a statement welcoming the recent staff-level agreement between the International Monetary Fund (IMF) 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.".
