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Four years into its historic economic meltdown, Lebanon’s political elites, masters at survival, are pushing for a recovery that would sidestep tough reforms demanded by the International Monetary Fund. Economic experts and former officials involved in designing Lebanon’s original IMF-approved recovery plan in 2020 say the political leadership and associates in the banking sector are deliberately implementing a “shadow plan” to torpedo the deal and place the burden of bailing out the financial system on ordinary Lebanese who are already impoverished by the crisis.

United statesUnited kingdomAmin salamAlain bifaniHenri chaoulSami zoughaibErnesto rigoAssociated pressWorld bankCentral bank governor riad salamehInternational monetary fundInternational monetaryFinance ministryCentral bank governor riadLebanon ernesto rigoEconomy minister amin salam