Tag Archives: economy

Economy minister says all depositors will be repaid over time

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 …

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