Exclusive: If Lebanon needs financial aid, France will be there, finance minister says

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Exclusive: If Lebanon needs financial aid, France will be there, finance minister says
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France is ready to support Lebanon financially - bilaterally or multilaterally -...

RIYADH - France is ready to support Lebanon financially - bilaterally or multilaterally - its finance minister said on Sunday, warning against mixing economic recovery in the small Mediterranean state with U.S.-led efforts to counter Iran in the region.

As the crisis deepens, hitting ordinary Lebanese hard, there is no sign of foreign aid. Western and Sunni-led Gulf Arab states that helped in the past have made clear that any support hinges on Beirut implementing long-delayed reforms to address root causes such as state corruption and bad governance.

Le Maire said decisions by Lebanon’s government were urgently needed to improve the situation on the ground.

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