Debbane is considered one of the most prominent Lebanese figures in the world of expatriation, and he has been following with interest the developments in the financial and economic conditions in Lebanon since the beginning of the crisis, which gives special importance to his vision and approach to this issue.
At the beginning of the meeting, the Secretary General of the Economic Bodies, Nicolas Chammas, delivered a speech by the Head of the Economic Bodies, former Minister Mohamed Choucair, in which he welcomed Mr. Debbane, expressing the hope that Lebanon, through the project proposed by Debbane, would be able to move a step forward on the path of recovery, and find ways to consolidate financial and monetary stability and their sustainability, stressing the necessity of opening a serious and responsible discussion about the serious options available, stressing that Lebanon is no longer able to continue as it is today, and that the stage The current situation requires new and bold approaches that contribute to getting the national economy out of its crisis.
After that, Debbane gave a comprehensive presentation on the concept of the Monetary Council, and its potential role in enhancing stability and ensuring financial and monetary sustainability in Lebanon, reviewing the various aspects of this proposal and its implications for the national economy.
After an extensive dialogue, the economic bodies praised the valuable information provided by Debbane, especially in light of the geopolitical risks to which Lebanon is exposed, and the great pressures that the financial and monetary situation is still facing.
While the economic bodies considered that the establishment of a monetary council could provide an additional degree of immunity to the national economy, they confirmed that, based on their national responsibilities, they look forward to actively contributing, in cooperation with the competent authorities, in studying and discussing this project from its various aspects and dimensions, in a way that serves Lebanon’s interest and contributes to consolidating financial and monetary stability and putting the economy on the path of sustainable recovery.
