15 Hrs
Source:
الكتائب اللبنانية
Lebanon faces pressure to close parallel economy
Reports indicate that Lebanon is facing international pressure to dismantle the parallel economy, as the country approaches the deadline to complete measures against money laundering and terrorist financing. This intersection between the political and financial sectors is impacting the reputation of the financial system, especially given the ongoing illegal activities linked to "Hezbollah." Meanwhile, the central bank is implementing measures to combat these issues and align with international standards to improve Lebanon’s poor rating.
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