July 23, 2020 / 11:05 AM / 14 days ago

IMF plan only option for Lebanon, says France's Le Drian

FILE PHOTO: The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, U.S., April 8, 2019. REUTERS/Yuri Gripas

BEIRUT (Reuters) - French Foreign Minister Jean-Yves Le Drian said on Thursday that Lebanon had no alternative other than an International Monetary Fund programme to help the country out of acute financial and economic crisis.

Le Drian also told a news conference on an official visit to Beirut that the need for change and reform in Lebanon “is known by all” and that France stood ready to mobilise support if there is concrete reform.

Reporting by Ellen Francis; Editing by Catherine Evans

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