Coronavirus, oil price may dash Lebanon's aid hopes - minister


  • World
  • Tuesday, 17 Mar 2020

FILE PHOTO: A Beirut sign is seen in an empty Beirut Souks after Lebanon declared a medical state of emergency on Sunday as part of the preventive measures against the spread of coronavirus, in downtown Beirut, Lebanon, March 16, 2020. REUTERS/Aziz Taher/File Photo

BEIRUT (Reuters) - The impact of the coronavirus and falling oil prices may have damaged Lebanon's chances of securing aid from foreign states, the economy minister said on Tuesday, adding that IMF aid should be considered as an option alongside others.

Lebanon is suffering its worst financial crisis since independence in 1943.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

This humanoid robot can now operate with full autonomy
Scientists use AI to help track penguins in Antarctica
Russia launches Soyuz rocket with dozens of satellites, including two from Iran
Windows 10 users will soon have to pay to keep getting security updates
India foreign minister says vandalism of Hindu temples deeply concerning
'Panic buttons', SWAT teams: US braces for election unrest
US states worried about election unrest take security precautions
US arrests Turk for allegedly trying to break Venezuela sanctions
Brazil's Haddad presents fiscal proposals to Lula, but no measures announced
U.S. stocks close lower before election

Others Also Read