Lebanon’s Finance minister advises against removal of head of Central bank amid calls for so

Lebanon’s Finance minister Thursday told local media that replacing the Central bank governor, Riad Salameh, today is not “wise”, Zawya reports. Youssef Khalil, speaking to broadcaster MTV, indicated that nobody proposed removing the central bank governor, but “I do not Read more

Lebanon: Central Bank Renounced National Sovereignty by Closing Accounts, Hezbollah

Hezbollah’s Loyalty to Resistance parliamentary bloc reacted to the authorities decision to close around 100 Hezbollah-linked bank accounts and their plans to close thousands more, saying the decision means that the Central Bank has renounced national sovereignty. The parliamentary bloc Read more

IMF hails Lebanon despite regional challenges

Governor Riad Salameh of the Lebanese Central Bank has stated that the country’s financial and economic outlook is stable despite the turbulences that are marring the Middle East. He gave such assurances after a meeting with officials of the International Monetary Read more