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Lebanon s central bank will not print money to lend state, cover deficit, acting governor says

BEIRUT Lebanon's central bank will not print money to lend the state or cover the crisis-hit economy's projected deficit, acting central bank governor Wassim Mansouri said.

Riad salamehWassim mansouriInternational monetary fund

Lebanon central bank will not lend state cash before reforms

The new governor of Lebanon's central bank will not lend the state money before the government undertakes urgent financial reforms.

Wassim mansouriRiad salamehInternational monetary fundCentral bank governorEconomic crisis

Lebanon s interim central bank chief vows not to lend money to government, calls for economic reform – Ya Libnan

Lebanon s interim central bank chief vows not to lend money to government, calls for economic reform – Ya Libnan
yalibnan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yalibnan.com Daily Mail and Mail on Sunday newspapers.

Alvarez marsalWassim mansouriRiad salamehWorld bankAssociated pressLebanese liraNew york based

Lebanon to pay public sector salaries in US dollars – DW – 08/25/2023

The dollar payments are going to be made in August, as Lebanon hopes to "pump cash into the market through public sector employees."

Riad salamehInternational monetary fundWassim mansouri

Lebanon s interim central bank chief vows not to lend money to government, calls for economic reform

Lebanon’s interim central bank governor called on the country’s ruling class Friday to quickly implement economic and financial reforms warning that the central bank won't offer loans to the state and does not plan on printing money to cover the huge budget deficit to avoid worsening inflation. Wassim Mansouri’s comments came nearly a month after he took over the leadership at the central bank after the term of his predecessor, Riad Salameh, ended on July 31. Lebanon is in the grips of the worst economic and financial crisis in its modern history.

Alvarez marsalWassim mansouriRiad salamehWorld bankNew york basedRiad salamehBudget deficitJassim mansouriFinancial reformsCentral bank governor

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