About: http://data.cimple.eu/news-article/1428b2065a63575106ffd0e9de54eec09678cb31c0ec9d3113e27529

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/1428b2065a63575106ffd0e9de54eec09678cb31c0ec9d3113e27529 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	A delegation from the World Bank's private lending arm met Lebanon's prime minister Tuesday, as the debt-ridden country seeks assistance to rescue its moribund economy. Lebanon has the world's third-highest debt-to-GDP ratio and has been sliding towards default in recent months, with tight capital controls and a currency devaluation already hitting purchasing power. Prime Minister Hassan Diab met a delegation from the International Finance Corporation, the NNA news agency reported. The state agency had initially said that Diab was meeting a delegation of the International Monetary Fund, instead of members of the IFC. But the IMF confirmed Tuesday it will send a mission to Beirut this week to provide advice on the nation's economic policies. Diab's government won parliament's confidence only last week, and the state immediately requested the IMF's advice on tackling the economic crisis. Lebanon is expected to decide whether to pay $1.2 billion in Eurobonds that reach maturity on March 9 or to default on its debt. Lebanon has requested help from the IMF to assess the measures needed to rebuild the economy but has not yet asked for financial assistance. A "small IMF staff team" will visit the country from Thursday through the weekend, fund spokesman Gerry Rice said in a statement. The aim is "to listen to the authorities' views on how they plan to face Lebanon's economic difficulties... and provide broad technical advice on policies to deal with the macroeconomic challenges facing the economy," he said. However, "Lebanon has not requested financial assistance from the IMF." Several ministers attended Tuesday's meeting with the IFC, according to a statement issued by Diab's office. Items discussed included "setting up public-private cooperation projects and developing the transport sector and the airport," it said. tgg/jmm/par/sw/hs/to
schema:headline	Lebanon PM meets finance delegation
schema:mentions	Purchasing power parity Capital control Debt-to-GDP ratio Diab Prime Minister of Malaysia Lebanon International Monetary Fund World Bank Beirut Currency International Finance Corporation Eurobond (external bond) Devaluation Macroeconomics Hassan Diab Jharkhand Mukti Morcha
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-18 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	77 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software