Parliament upheaval over Article Three

Government sources have revealed that there is an agreement between the government, the International Monetary Fund, and Banque du Liban regarding Article 3 of the bank reform law, which was approved by the Parliamentary Finance and Budget Committee. However, some deputies obstructed the vote for political reasons, according to committee and parliament records and previous correspondence. The sources indicated that claims of delaying or hindering the implementation of the law are inaccurate, as its enforcement is currently suspended until the Financial Gap Law is approved.

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