Riad Salameh says Lebanese Pound is stable

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11-07-2017 | 04:24
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Riad Salameh says Lebanese Pound is stable
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Riad Salameh says Lebanese Pound is stable

Banque Du Liban Governor Riad Salameh stressed Tuesday that the Lebanese Pound is stable and will remain this way, noting that this stability boosts confidence in the economy and promotes the purchasing power.

During the launching of Lebanese Forum for Small and Medium-sized Enterprises in Biel, he said that they extended the subsidized loans for 19 years to maintain the institutions “that are passing through circumstantial financial conditions.”

 

“Lebanon has a capable human resource, which is a wealth,” he pointed out.

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