Lebanon Historyتاريخ لبنانالعربيةFull timeline
30 April 2020

¤The government recovery plan and the start of IMF talks

PartiesGovernmentBanque du Liban

On 30 April 2020 Hassan Diab's government approved a recovery plan estimating the losses at some 241 trillion lira and distributing them among the state, the central bank, the banks and the depositors, and requested a programme from the IMF; the banks, the Association of Banks and parliament blocked the plan through the dispute over the size of the losses, and the negotiations stopped in July.

▲ Lebanon defaults on its EurobondsStaff-level agreement with the IMF ▼
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