ijra — Live news map of the Middle East, Sudan and Pakistan

"Path to financial stability and deposit recovery": Between President Aoun and the central bank governor

Baabda, Lebanon ·

Aoun received Banque du Liban governor Karim Saeed at Baabda Palace in the afternoon. They discussed monetary policy, financial stability and ongoing consultations with the government, the IMF and commercial banks, aiming for agreement on a draft law on financial stability and deposit recovery, particularly rehabilitating the banking sector.

Lebanon has faced a severe financial crisis since 2019, in which banks restricted depositors' access to their savings, and the government has sought an agreed recovery plan with the IMF.

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