Lebanese Finance Minister Ghazi Wazni confirmed that "the restructuring of the banking sector, under the title of preserving depositors' money, will not begin before the completion of the first stage," explaining that "everything that is said about the haircut is inaccurate, and it needs law, and therefore the government did not address it, neither near nor far. "
And on how to implement the first stage, especially with regard to recovering the stolen money, Wazni stressed that the recovery of these funds will only take place through the development of new laws, and by requiring the central bank to suspicious money regulations, which came out of Lebanon.
He revealed that "the government will choose, during the current week, an international financial audit company, what is known as an audit company, after agreeing to it, and its task will be to monitor and audit how the money was moved out of Lebanon."
It is worth noting that the reform plan that the Lebanese government is studying is indicating additional fees that include the revenues of senior employees and fees on interest for large deposits, and the value-added tax on luxury goods, and on gasoline by fixing its price on 25 thousand pounds, and diesel by adding 1000 LL on its price.
Source: (Al-Jumhuriya Newspaper-Lebanon, Edited)
