Egypt Offered To Help Lebanon Out Of Its Crisis

@export.portal | AFP

President received a message on Friday, from the Egyptian President Abdel Fattah Al-Sisi in which affirmed its keenness on ’s stability and prosperity.

“We are ready to make every effort that can contribute to the prosperity of the brotherly Lebanese people and restore them to their health,” the letter wrote, according to the Lebanese Presidency’s tweet.

In the letter, Al-Sisi expressed that he trusts that “, which is in the hearts of all Arabs, has the will to get out of the crisis and distance itself from the regional conflicts in order to avoid the negative impact they will have on it,” reported Al Joumhouria.

“We hope that the negotiations that is conducting with financial institutions will result in success that reduces the damages to the Lebanese economy,” Al-Sisi also stated.

itself has had success receiving billions of dollars in support from the International Monetary Fund (IMF), which is now failing to do.

IMF’s managing director Kristalina Georgieva has said that discussions with have been difficult. Two IMF negotiators in Lebanon have quit after losing hope in the case.

Currently, ’s negotiations with the IMF are on hold and the IMF has accused the Lebanese government of lacking seriousness.

On the other hand, the IMF has praised for its proactive approach to limit the pandemic’s fallout, according to the IMF’s recent press release.

’s letter of support follows the statements of similar sentiments given to this week by , France, and America.

They have all urged to make needed reforms in order to receive international financial support and have expressed their desire to help maintain its stability and security.


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