National News Agency
President Michel Aoun stressed on Wednesday that Parliament-approved laws must be fully implemented, and therefore the law known as the "Student Dollar Law", which became effective from the date of its issuance in the Official Gazette. Concerned authorities must abide by its implementation in order to preserve the interests of Lebanese students abroad who are facing difficulties in paying their university fees, housing costs, and the ramifications.
President Aoun's stances came while meeting the delegation of the Lebanese Association for Parents of Students in Foreign Universities, which included Mr. Elie Freiha and Dr. Rabih Kanj.
MP Salim Aoun and Director General of the Presidency of the Republic, Antoine Choucair, were also attending the meeting.
The delegation addressed, with President Aoun, the existing reality as a result of the inability of the families of Lebanese students in universities abroad from transferring money to their children despite the issuance of Law 193 which authorized the transfer of 10 thousand dollars for each student pursuing his studies abroad.
They also indicated that the Central Bank and banks are still refraining from implementing the law that aims to oblige banks operating in Lebanon to spend 10 thousand dollars according to the official exchange rate of the dollar (1515) for the 2020 academic year for Lebanese students registered in universities or technical institutes. Then, the delegation explained that the students’ parents, according to the law, provided all the requirements, such as a current registration statement at the university or the technical institute, a statement of university payments before the date of 31/12/2020, the current housing lease contract or the receipt of the last monthly payment, and yet the banks did not undertake to transfer the required sums. Then, they pointed out that the meeting with President Aoun is a continuation of the meeting held yesterday at the Grand Serail, headed by the caretaker PM Hassan Diab, and in the presence of the Central Bank Governor and representatives of the Association of Banks.
In turn, President Aoun gave his instructions to the concerned authorities to implement the law in all its aspects.
President Aoun's stances came while meeting the delegation of the Lebanese Association for Parents of Students in Foreign Universities, which included Mr. Elie Freiha and Dr. Rabih Kanj.
MP Salim Aoun and Director General of the Presidency of the Republic, Antoine Choucair, were also attending the meeting.
The delegation addressed, with President Aoun, the existing reality as a result of the inability of the families of Lebanese students in universities abroad from transferring money to their children despite the issuance of Law 193 which authorized the transfer of 10 thousand dollars for each student pursuing his studies abroad.
They also indicated that the Central Bank and banks are still refraining from implementing the law that aims to oblige banks operating in Lebanon to spend 10 thousand dollars according to the official exchange rate of the dollar (1515) for the 2020 academic year for Lebanese students registered in universities or technical institutes. Then, the delegation explained that the students’ parents, according to the law, provided all the requirements, such as a current registration statement at the university or the technical institute, a statement of university payments before the date of 31/12/2020, the current housing lease contract or the receipt of the last monthly payment, and yet the banks did not undertake to transfer the required sums. Then, they pointed out that the meeting with President Aoun is a continuation of the meeting held yesterday at the Grand Serail, headed by the caretaker PM Hassan Diab, and in the presence of the Central Bank Governor and representatives of the Association of Banks.
In turn, President Aoun gave his instructions to the concerned authorities to implement the law in all its aspects.
