Lebanon needs $12-15bn to kickstart recovery: central bank

Lebanon needs $12-15bn to kickstart recovery: central bank
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Updated 21 December 2021
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Lebanon needs $12-15bn to kickstart recovery: central bank

Lebanon needs $12-15bn to kickstart recovery: central bank

Crisis-hit Lebanon needs 12-15 billion dollars in loans from its partners to kickstart its economic recovery, Central Bank Governor Riad Salameh said Tuesday.


"Our quota in the International Monetary Fund is $4 billion," he said in an interview with AFP.

"If countries add to it, we could reach $12 to $15 billion, an amount that could help start Lebanon's recovery and restore confidence."