Financial Times FT.com

Hizbollah tries to secure IMF funds

By Roula Khalaf and Anna Fifield in Beirut

Published: May 26 2009 22:00 | Last updated: May 26 2009 22:00

Lebanon’s Hizbollah has held talks with the International Monetary Fund and the European Union as it seeks to secure continued financial support for Lebanon if the alliance it leads was to win next month’s parliamentary elections.

The discussions between the Shia militant group and donors take place amid intensifying concern in Beirut that a politically fragile, heavily indebted economy could come under severe strain if the current pro-western parliamentary majority was to lose the June 7 elections.

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