BEIRUT (Reuters) – The IMF told the Lebanese state on Thursday that its banking secrecy law was still lacking, urging officials to make a new round of changes to their first attempt at financial reform.
The assessment, which was seen by Reuters and confirmed by a government official as accurate, is the first time the IMF has commented on Lebanon’s steps toward completing a checklist that would grant it access to funding to ease its historic economic meltdown.
(Reporting by Maya Gebeily; Editing by Mark Porter)
