This is the new Bank of Lebanon .. a very important step

The Kuwaiti newspaper, Al -Anbaa, reported that the governor of the Bank of Lebanon, Karim Saeed, to prepare the budget of the central bank, which is an essential link in the path of resolving the deposit crisis, noting that “this step means that matters took their serious grade after 6 years on the largest financial crisis and unprecedented in the history of Lebanon.”

The newspaper says that the financial gap law is expected to be completed in principle before the end of the year, based on the demands of the International Monetary Fund, noting that the lesson and numbers of the gap have begun, at least by the central ruler and his team and the control committee on banks that finally saw the light, knowing that the gap is estimated at 82 billion dollars.
In the context, the economist Mahmoud Jabai told Al -Anbar that “work is underway to reduce this number by looking at the banking checks that their owners obtained after the crisis.” He added: “The Central will resort to returning each check to its normal price at the date of its deposit .. These checks began to trade at a price of 70% until it reached 10%, and in this way the central bank has applied justice. Likewise, illegal funds and high benefits will be considered and resolved, so that the gap number is impossible for a final result between 50 to 51 billion dollars.
And to those who are still asking whether it is an interruption of deposits, the answer of the people of the solution and the linking comes that there is no deletion, and going to the Bail In method or any other way to solve the major deposits is not a deletion, but it may be the last solution or perhaps the easiest of evil.
Regarding the budget of the central bank that the ruler Karim Saeed is currently working on, Dr. Juba’i explained that it “is primarily based on the desired banks of Lebanon and its cash and gold assets, real estate and companies that he runs and come to him with money, as well as the debts of Europonds and its debts on the state is $ 16.5 billion since 2008 ″, pointing to“ a running debate between the Central and the Ministry of Money regarding the 16.5.5 And whether the return of the money is in lira or dollars. ”