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News about Lebanon Economy
Stay current with all the latest and breaking news about Lebanon Economy, compare headlines and perspectives between news sources on stories happening today. In total, 30 stories have been published about Lebanon Economy which Ground News has aggregated in the past 3 months.
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Lebanon Economy · LebanonLebanon’s Cabinet on Friday approved a draft law to determine the extent of losses suffered by Lebanese banks during the country’s financial meltdown in 2019 and provide a mechanism to return depositors’ funds that were wiped out at the time. The financial collapse, which wiped out billions in savings and left many unable to access their funds, was part of a fiscal crisis that followed decades of corruption, financial mismanagement and nefarious profiteering.See the Story
Lebanese Cabinet approves a draft law to return funds wiped out with the 2019 collapse of banks
48% Center coverage: 21 sources
Business · LebanonLebanon's economy minister says the country's efforts to control weapons from non-state groups are crucial for economic recovery. Amer Bisat made the comment...See the Story
Lebanon's financial recovery will rest on security and political reforms, economy minister says
60% Center coverage: 5 sources
Central Bank · LebanonLebanon’s central bank is “fairly asset-rich” and will not need to sell any gold reserves to pay depositors, the country’s economy minister has said. Gold reserves valued at $40 billion as of December 15 are important as they provide confidence to asset holders, Amer Bisat told Bloomberg TV, citing central bank data. He said the central bank can back a plan to repay most depositors whose funds have been frozen for years due to the country’s fina…See the Story
Lebanon says no need for gold sales to repay depositors
100% Left coverage: 1 sources
