Lebanon must push through a number of key economic and banking sector ​reforms to secure a new International Monetary ‌Fund programme, the Fund said on Thursday.

"It will require continued progress on key reforms, including the ​entry into force of the bank resolution ​law, and appropriate financial gap laws consistent ⁠with international standards," IMF spokesperson Julie ​Kozack told reporters during a press conference.

She added ​a 2027 budget and medium-term fiscal framework that were "consistent with debt sustainability for the country" were also required.

Lebanon first ​signed a preliminary agreement with the IMF in ​April 2022, more than two years after its financial system ‌imploded ⁠following decades of profligate spending and corruption in the ruling elite.

It recently passed a new banking restructuring law which was welcomed by ​the IMF, but ​this week ⁠Lebanon's president, Joseph Aoun, quietly referred that law to the country’s ​constitutional council, triggering a review.

The move ​has ⁠sparked concerns among reformists in Lebanon that the country is backtracking on the key piece ⁠of ​legislation and potentially putting ​its IMF support hopes at risk.