Claims extracted
16
sentences that state something as happening or true
Uncertain
6%
1 of 16 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
66/100
The Straits Times's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Lebanon hopes for new staff-level agreement with IMF
asserted
Lebanon → hop → IMF
Lebanon hopes for a new staff-level agreement with the International Monetary Fund, Finance Minister Yassine Jaber has said, adding that a full IMF program still required Beirut to pass a final law to address losses from its financial crisis.
asserted
program → hop → crisis
Lebanon first signed a staff-level agreement with the IMF in April 2022, more than two years after its financial system imploded following decades of profligate spending and corruption in the ruling elite.
asserted
system → sign → elite
But it was slow to implement the promised changes.
asserted
it → implement → changes
The current government has fast-tracked reforms, including a bank restructuring law that was welcomed by the IMF in August.
asserted
that → track → August
Jaber was in Washington on Monday to meet with IMF Managing Director Kristalina Georgieva.
asserted
Jaber → meet → Georgieva
In comments published late on Sunday, Jaber said he would tell her it was imperative to start work on a full IMF program, which would be expected to involve loans, as Lebanon had worked seriously on financial reforms over the last 18 months.
asserted
Lebanon → publish → months
"Lebanon has accomplished a phase; it passed the banking restructuring law, which was of course a very important message to the Fund and to the world that the parliament and the Lebanese government are serious about reforms," Jaber said in a video released by his ministry.
asserted
Jaber → accomplish → ministry
He a full-scale agreement with the IMF would have to wait for the passing of the financial gap law", legislation intended to distribute the losses from the 2019 crash.
asserted
agreement → have → crash
In 2022, the government put the losses at about $70 billion, a figure that is likely to be higher now.
asserted
that → put → billion
Those losses need to be distributed between the state, the central bank, commercial banks and depositors, to allow depositors who have been frozen out of their savings to gradually recover their money.
asserted
who → need → money
A source familiar with the process said a staff-level agreement could be signed as soon as Monday.
uncertain
agreement → say → Monday
A second source said it was likely by the end of the year.
asserted
it → say → year
A full IMF program in any case takes longer as it requires approval by the IMF board.
asserted
it → take → board
The government put forward a financial gap bill last year but it has yet to be passed.
asserted
it → put → bill
Financial reforms have been repeatedly derailed by political and private interests over the last seven years.
asserted
reforms → derail → years
The Aporia
