The Governor of the Banque du Liban denies the “bankruptcy” of the Central Bank

Consumption of Lebanon What Arab news websites circulated about the announcement of the Central Bank of Lebanon "bankruptcy".

Salama added: "Despite the losses afflicting the financial sector in LebanonAnd, which is under treatment in the recovery plan that is currently being prepared by the Lebanese government in cooperation with the International Monetary Fund, the Banque du Liban is still exercising its role entrusted to it under Article 70 of the Monetary and Credit Law and will continue to do so.".

Media statements issued by the Deputy Prime Minister, His Excellency Al-Shami, sparked widespread controversy in the country, after he said that: "The state is bankrupt and so is the Banque du Liban, and the loss occurred".

No official statement was issued by the government or republic presidencies to clarify Al-Shami’s words in this regard.

The media and news websites reported a sentence uttered by the Deputy Prime Minister of Lebanon, during a local television interview, in which he said: "The state is bankrupt, and so is the Bank of Lebanon".

Al-Shami indicated that the losses will be distributed to everyone: "The state, the Central Bank of Lebanon, banks and depositors".

The declaration of the state’s bankruptcy comes in an interview with the minister via the channel "the new" To confirm what is known, but it was not explicitly announced by any government official before, and in the context of answering a question about how to calculate the percentage of losses on depositors’ money.

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Governor denied Consumption of Lebanon What Arab news websites circulated about the announcement of the Central Bank of Lebanon.bankruptcy“.

Salama added: “Despite the losses that afflicted the financial sector in LebanonAnd, which is under treatment in the recovery plan that is currently being prepared by the Lebanese government in cooperation with the International Monetary Fund, the Banque du Liban is still exercising its role entrusted to it under Article 70 of the Monetary and Credit Law and will continue to do so.

Media statements issued by the Deputy Prime Minister, His Excellency Al-Shami, sparked widespread controversy in the country, after he said that “the state is bankrupt, as well as the Bank of Lebanon, and the loss occurred.”

No official statement was issued by the government or republic presidencies to clarify Al-Shami’s words in this regard.

The media and news websites reported a sentence uttered by the Deputy Prime Minister of Lebanon, during a local television interview, in which he said: “The state is bankrupt, and so is the Banque du Liban.”

Al-Shami indicated that the losses will be distributed to everyone: “the state, the (Central) Bank of Lebanon, the banks and the depositors.”

The declaration of the state’s bankruptcy comes in an interview with the minister via “Al-Jadeed” channel to confirm what is known, but it was not explicitly announced by any government official before, and in the context of answering a question about how to calculate the percentage of losses on depositors’ money.

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