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النشرة
Lebanese deposits: recovery prospects
The article focused on the issue of depositors reclaiming their funds held in Lebanese banks as part of the banking sector restructuring plan. It clarifies that the current legislative amendments do not clearly guarantee the return of deposits or their real value, especially after the deterioration of purchasing power due to inflation and rising prices, which has significantly reduced the value of the amounts. Economic experts believe that the current measures are limited to legal promises without clear implementation mechanisms, and that the issue of recovering money depends on laws such as the Financial Stability Law, which has yet to specify a mechanism for returning deposits or the responsible parties for the losses. Therefore, the open question remains: when can depositors recover their money, and what amount will they receive? It is crucial to establish a binding and transparent mechanism to ensure their actual recovery.
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