BASSIL: WE AGREED ON LAW PROPOSAL ON CAPITAL CONTROL WITH BERRI

Free Patriotic Movement head, MP Gebran Bassil, said in a tweet on Thursday that a law proposal on capital control had been reached with House Speaker Nabih Berri to control the transfer of money to outside Lebanon.

 

“The endorsement [of the law proposal] shall prevent discretionary transfers in the future,” he tweeted.

 

“We have submitted a draft to allow the recuperation of previous transfers and we hope it will be approved in the next [House] session,” he added.

 

Source: National News Agency

 

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