Aoun and Banque du Liban Discuss Monetary Issues
Lebanese President Michel Aoun discussed with Banque du Liban Governor Riad Salameh the financial and monetary situation in the country, as well as efforts to combat illicit funds and terrorism financing, alongside ongoing banking and financial reforms. Salameh briefed the President on the outcomes of his recent meetings in France and Abu Dhabi, which focused on strengthening Lebanon’s financial stability, with expectations that approximately $8.1 billion of depositors’ funds will be recovered by the end of 2026. They also discussed the necessary measures to bolster the banking sector and achieve financial reforms within the framework of anti-money laundering and terrorism financing efforts.
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