Aoun Meets Lazard as Part of Preparations for IMF Talks

President Michel Aoun on Thursday met in Baabda with a delegation from Lazard, which is one of the world's leading financial advisory and asset management firms.

“He discussed with them the need to continue their advisory mission for the Lebanese state, as part of preparing for the negotiations with the International Monetary Fund,” the Presidency said.

The President emphasized “the need to reassess the economic recovery plan that was prepared by the previous government due to the change in numbers that happened over the past year,” calling for “unifying these numbers so that Lebanon’s stance can be strong during the negotiations.”

The delegation for its part thanked Aoun for the Lebanese state’s confidence in their firm, stressing the “importance of unifying numbers, conducting reforms and devising a plan for the restructuring of the banking sector.”