Finance Minister highlights banking reform approval

The Lebanese Parliament's approval of the law to reform and restructure the banking sector represents an important step in addressing the country's financial crisis. This law aims to organize the banking sector more solidly and is part of a comprehensive reform package that requires the approval of related laws such as the Deposit Recoupment Law and mechanisms for handling losses. The government emphasizes that completing these reforms is essential to restore confidence in the financial sector and to facilitate negotiations with the International Monetary Fund. This comes as part of broader efforts to restructure the banking industry and end the Lebanese financial crisis.

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