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 Lebanon: Former Economy Minister Calls For $25 Billion To Restore Confidence
February 5th, 2020 - 10:19 GMT

Lebanon: Former Economy Minister Calls For $25 Billion To Restore Confidence

A former Lebanese economy and trade minister has called for a second Paris summit to bail out the debt-ridden nation with financial support of up to $25 billion. Nasser Saidi, who is also a former deputy governor of Lebanon’s central bank, told Arab News that restructuring of the country’s banking system is needed urgently and that “depositors should not have to pay for banks’ mismanagement.” Financial support of between $20 ...
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Al Bawaba
July 12th, 2000 - 02:00 GMT

Credit Cards Charge Forward in Lebanon

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