The interim leader of Lebanon's central bank faces daunting challenges: A devaluated currency, crippled banking system, triple-digit inflation and soarin.
Wassim Mansouri has been urgently calling on the Lebanese government to enact reforms since becoming acting governor of Banque du Liban following the end of the embattled Riad Salameh’s term.
The arrival of a new acting central bank governor is an opportunity to ease Lebanon's financial and currency crises. The US and partners should use carrots and sticks now to press recalcitrant political leaders to take the necessary steps.
US Sanctions Former Lebanese Scandal-Hit Central Bank Chief bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.