Lebanon’s PM Says IMF Asked for Changes to New Bank-Deposit Law

The IMF's intervention in Lebanon's banking legislation underscores the complexities of the country's financial recovery. By insisting on amendments to the deposit law, the IMF is not only prioritizing depositor protection but also signaling to international investors that Lebanon must adhere to stricter financial governance. This could be a pivotal moment for Lebanon's economic stability, but it also raises questions about the government's ability to implement necessary reforms.