Lebanon's reforms insufficient for recovery, IMF says

Lebanon's economic reforms are insufficient to help lift the country out of its economic crisis, the International Monetary Fund (IMF) said Thursday.

Ernesto Ramirez Rigo, the head of the IMF mission visiting Lebanon, said in a statement that Lebanon's ongoing refugee crisis, fighting with Israel at its southern border and the spillover from the war in Gaza are exacerbating an already dire economic situation.