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Syria-Lebanon-Iran
Lebanon to Receive $1.13 Billion from IMF
2021-09-14
[AnNahar] The Ministry of Finance was informed on Monday from the International Monetary Fund that Leb
...an Iranian colony situated on the eastern Mediterranean, conveniently adjacent to Israel. Formerly inhabited by hardy Phoenecian traders, its official language is now Arabic, with the usual unpleasant side effects. The Leb civil war, between 1975 and 1990, lasted a little over 145 years and produced 120,000 fatalities. The average length of a ceasefire was measured in seconds. The Lebs maintain a precarious sectarian balance among Shiites, Sunnis, and about a dozeen flavors of Christians. It is the home of Hezbollah, which periodically starts a war with the Zionist Entity, gets Beirut pounded to rubble, and then declares victory and has a parade. The Lebs have the curious habit of periodically murdering their heads of state or prime ministers, a practice dating back to the heady human sacrifice days of Baal Moloch. In 2020 Hezbollahblew up a considerable portion of Beirut and many of its inhabitants when its ammonium nitrate faci8lity exploded. They blamed it on... somebody else. It wasn't them though. Trust them on that...
will receive about $1.135 billion "as part of the Special Drawing Rights," the National News Agency said.

The Ministry of Finance had asked the International Monetary Fund to transfer the special drawing rights that Lebanon can benefit from, especially those belonging to the year 2009.

The total value is a sum of 860 million dollars for the year 2021 and 275 million dollars for the year 2009.
It sounds complicated — not at all like balancing my checkbook.
"The funds will be deposited in the central’s bank accounts on September 16," the agency added.
Related:
International Monetary Fund: 2021-09-11 Lebanon's PM, President sign decree to form new govt after over a year
International Monetary Fund: 2021-09-05 Int'l Financial Institutions Demand Reforms to Support Tunisia
International Monetary Fund: 2021-09-01 US sanctioning Taliban depends on the group's behavior: White House
Posted by:trailing wife

#6  There goes my new truck.
Posted by: Skidmark   2021-09-14 23:33  

#5  In other words it's going to Hamas
Posted by: Deacon Blues   2021-09-14 10:31  

#4  2009 funding, huh? I see where we should be cutting IMF funding
Posted by: Frank G   2021-09-14 09:03  

#3  Swiss bankers rejoice!
Posted by: Procopius2k   2021-09-14 07:57  

#2  ^No way Jose - part of it will be used, against Israel.
Posted by: g(r)omgoru   2021-09-14 07:51  

#1  In a failed state, it is money down a rat hole.
Posted by: Bertie Crains2651   2021-09-14 07:49  

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