Tag Archives: economic reforms

Lebanon’s Economy Minister Amer Bisat announced on Monday that depositors will eventually recover their funds, although the process may require time. His statement comes amid efforts to implement vital reforms to revive the country’s shattered financial system. Speaking to Bloomberg, Bisat expressed confidence that Lebanon’s parliament would soon pass a long-awaited draft law to restructure the country’s banking sector. The …

The Cabinet has confirmed key security and military appointments, naming Brig. Gen. Rudolph Haykal as army chief, Brig. Gen. Hassan Shqeir to lead General Security, Brig. Gen. Raed Abdallah as head of the Internal Security Forces, and Brig. Gen. Edgard Lawandos to oversee State Security. Following the Cabinet session, Information Minister Paul Morkos emphasized that these appointments were based on …