Mansouri Takes Over the Governance of the Banque Du Liban and Pledges to Abide by the Law

  • Beirut, Lebanon
  • 1 August 2023
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Yesterday, Monday, the Governor of the Central Bank of Lebanon, Riad Salameh, left the bank building after the end of his 30-year term. His first deputy, Dr. Wassim Mansouri, assumed his duties, in compliance with the Monetary and Credit Law, pledging not to sign any disbursement of government funding outside the law and his convictions.

The First Deputy Governor of the Banque du Liban, Wassim Mansouri, affirmed, "No disbursement of government funding will ever be signed outside my convictions and outside the legal framework." Stressing that "any study that justifies prejudice to compulsory employment is completely rejected, and the only solution to stop the state's dependence on the central government lies in improving public finances."

He added, "We owe it to the citizen and the depositor to secure monetary stability, and we ask for the approval of a law authorizing government funding through a legislative text in order to finance compulsory employment. But with conditions confirming the return of money to the Central Bank, and the law will allow the payment of salaries of public sector employees in the transitional period according to Sayrafa exchange platform."

Source (Alkhaleej Emirati Newspaper, Edited)

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