June 24, 2020 / 12:43 PM / 8 days ago

Lebanon's Berri urges review of steps to protect collapsing currency

BEIRUT, June 24 (Reuters) - Lebanon’s parliament speaker Nabih Berri said on Wednesday the government, central bank and commercial banks should declare a “state of financial emergency” and review all steps to protect the collapsing Lebanese currency.

Berri also said Lebanon would not get a penny from the International Monetary Fund or any donor state unless it carried out reforms, at the forefront of them accelerating fixing the loss-making electricity sector.

Reportiing by Tom Perry; Editing by Catherine Evans

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