President of the Republic Joseph Aoun met with Central Bank Governor Karim Souaid, with whom he reviewed the latest financial and monetary developments and to prepare preliminary ideas ahead of upcoming meetings with the International Monetary Fund.
Souaid reaffirmed that Banque du Liban is fully committed to government policy and close coordination with the cabinet. He noted that discussions will focus on introducing improvements and safeguards to the financial regularization law and the deposit repayment mechanism, ensuring a coherent approach with the government and positively advancing the timeline for reimbursing depositors.
Souaid reaffirmed that Banque du Liban is fully committed to government policy and close coordination with the cabinet. He noted that discussions will focus on introducing improvements and safeguards to the financial regularization law and the deposit repayment mechanism, ensuring a coherent approach with the government and positively advancing the timeline for reimbursing depositors.