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 الشرق اللبنانية
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الشرق اللبنانية

2026-08-02T21:04:50.000Z

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 الشرق اللبنانية

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Are They Attempting to Remove Him

Are They Attempting to Remove Him

The article discusses the severe economic crisis that Lebanon is experiencing, with a particular focus on the role of former Banque du Liban Governor Riad Salameh and the criticisms directed at him due to the deteriorating financial situation, especially after the government defaulted on Eurobond payments in 2019. The report reviews attempts to place responsibility for the collapse on Salameh, highlighting political practices, corruption, and mismanagement that led to the accumulation of economic losses, such as those in the energy sector, increased smuggling, and administrative corruption. It also notes that despite the criticism, Salameh maintained the stability of the Lebanese pound's exchange rate until 2019 and resisted banking sector insolvency pressures to preserve depositors' rights, while the failure to implement reforms worsened the crisis. The article concludes with a call for an independent justice system to correct the course and uncover the truth, emphasizing that the crisis results from cumulative responsibilities and is not simply due to individual mistakes.

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