Senior Lebanese finance official resigns in protest

A senior member of the Lebanese team negotiating with the International Monetary Fund (IMF) abruptly resigned on Monday in a sign of the difficulties that the talks face.

Alain Bifani, the director general at the Ministry of Finance, left his post in protest at the handling of the crisis.

At a press conference after his resignation, Bifani defended the government’s approach, saying that it “developed a correct evaluation, was approved unanimously, and was welcomed by financial institutions.”

“I chose to resign because I refuse to be a partner or witness to the collapse, and patience no longer works today,” he said.

Bifani launched

a

strong

I chose to resign because I refuse to be a partner or witness to the collapse.

attack on “the forces of darkness and injustice who have joined together to terminate what we have done, so we reached a dead end where the risk ratio rose to a level that could no longer be dealt with silently.”

Economists believe that the interference of the Lebanese parliament is “supporting the banking and the Central Bank’s alliance against the government’s plan to prevent the banking sector from burdening a part of the losses it does not want to bear.”