Finance Minister tackles monetary situation with ABL delegation

Finance Minister, Dr Ghazi Wazni, on Friday received a delegation of the Association of Banks in Lebanon (ABL), headed by Dr. Salim Sfeir, with whom he discussed the banking and monetary situation and the role of the Lebanese banks in reinforcing economic stability.

Minister Wazni stressed that bank deposits would not be tampered with, urging the banking association to work on reducing interest rates in the next stage to activate the cycle of economy and ease the burdens on public finances.

On emerging, Dr. Sfeir described the meeting with the Minister as very positive, saying they have exchanged information with no decision taken.

Source: National News Agency

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