Lebanon’s Mikati says IMF talks a necessity not a choice

BEIRUT (Reuters) – Lebanon’s Prime Minister Najib Mikati said on Monday a resumption of talks with the International Monetary Fund was a necessity to pull the country out of its financial crisis.

Mikati made his remarks after a long parliamentary session, held since noon, to debate his government’s policy proposal and give a vote of confidence. The prime minister also stressed the importance of restructuring the banking sector.