Russian missiles attack port infrastructure near Ukraine's Odesa, kill seven

Lebanese Prime Minister Nawaf Salam said on Friday the government had put forward a draft law to address a financial crisis that has crippled the economy for six years, saying it conforms to International Monetary Fund standards and would restore faith in Lebanon.



The draft law, which will be discussed by the cabinet on Monday, aims to address a vast funding shortfall in the financial system and allow depositors who have been frozen out of their savings to gradually recover their money.



It needs to be approved by Lebanon's fractious parliament.



The draft law is the first to surface since Lebanon's financial system collapsed in 2019 after decades of corruption, waste and unsustainable financial policies.