Thank you!

Close
we look forward to providing you up to date news and our unique entertainment.
Menu
Dec 26 2019 - 07:30
 Share
 shares

MP Fadlalah: Around 11 billion US dollars of banks funds are abroad

publishing date: 26/12/2019 07:30:30
MP Hassan Fadlalah said on Thursday that the country’s liquidity crisis news ,lbci ,أخبار Budget, Finance, Banks, Economy,Lebanon,MP Hassan Fadlalah said on Thursday that the country’s liquidity crisis
episodes
MP Fadlalah: Around 11 billion US dollars of banks funds are abroad
MP Hassan Fadlalah said on Thursday that the country’s liquidity crisis is related to the high cost of living caused by the high exchange rate of the Lebanese lira and the money of depositors.
Fadlalah’s comments were made during a press conference after the meeting of the Finance and Budget committee whereby he said that “around 11 billion US dollars of banks’ funds are abroad.”
On another note, the lawmaker said that the Banque Du Liban Governor Riyad Salameh does not have information about foreign transfers.
advertisement
“An investigation should be launched into all operations related to these transfers,” he concluded by saying.

advertisement
recommended for you (8)
 
 
View More
Newsletter
Sign up to receive a weekly update on top stories, breaking news and stories recommended especially for you.
Send us a photo or video
Upload your pictures or videos here
Find our App:
Designed by Code And Theory
Softimpact
Built by Softimpact