News
Latest News
news bulletin
Breaking Headlines
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
28
o
Mount Lebanon
28
o
Metn
29
o
Keserwan
29
o
North
30
o
South
28
o
Bekaa
25
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Al Assi (Al Bayt Al Abyad)
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
28
o
Mount Lebanon
28
o
Metn
29
o
Keserwan
29
o
North
30
o
South
28
o
Bekaa
25
o
News
Programs
The News
Breaking Headlines
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Former Minister Raed Khoury urges restructuring banks, collaboration with IMF
Lebanon Economy
2023-05-31 | 02:52
High views
Share
Share
2
min
Former Minister Raed Khoury urges restructuring banks, collaboration with IMF
Former Minister Raed Khoury confirmed that depositors' money will return only by linking it to the Lebanese economy; thus, a sovereign fund is established in which projects related to public and private sector companies are placed because "the more we help the private sector to manage work with state property and its privileges, the more we enlarge the economy and return depositors' money."
He stressed that there is only 10 percent of the depositors' money, and his plan is based on reconstituting the deposits, saying: "They are gone, but we can bring them back to life."
Khoury believed that the private sector could take risks in light of the worst public sector management in human history.
Khoury affirmed his support for the restructuring of banks and the agreement with the International Monetary Fund (IMF) and expressed his fear for the banking sector because there is something that neither the IMF nor the Lebanese state wants to admit, which is that the IMF plan can wipe out deposits.
The former Minister also blamed the Lebanese negotiator for not knowing how to negotiate appropriately and said: "They do not want to restructure the banks because there is a hidden pole."
He said, "The introduction of new banks is a positive matter and indicates that Lebanon is on the right path of reform, but this authority is only for the Central Council of Banque du Liban."
Khoury said, "No foreign or non-foreign bank is willing to take a license and start operating in Lebanon before restructuring the banks. This is considered a risk after serious mistakes that have been made."
Lebanon News
Lebanon Economy
Lebanon
Raed Khoury
Depositors
Money
Lebanese
Economy
Sovereign Fund
Public
Private
Sectors
Next
Circular 165 takes effect: Lebanese banks urged to comply with fresh currency regulations
Economic bodies, World Bank delegation discuss road map for Lebanese ports' development
Previous
Related Articles
d-none hideMe
0
Lebanon News
2023-09-19
Minister of Economy Emphasizes Urgent Need for Reforms in Lebanon's Ailing Public Sector and Banking Industry
Lebanon News
2023-09-19
Minister of Economy Emphasizes Urgent Need for Reforms in Lebanon's Ailing Public Sector and Banking Industry
0
Lebanon Economy
2023-09-10
Raed Khoury to LBCI: Urgent reforms needed to restore Lebanon's economy
Lebanon Economy
2023-09-10
Raed Khoury to LBCI: Urgent reforms needed to restore Lebanon's economy
0
Lebanon News
2023-08-23
A public-private sectors meeting to follow up on the preparation of Expo Qatar
Lebanon News
2023-08-23
A public-private sectors meeting to follow up on the preparation of Expo Qatar
0
Lebanon News
2023-08-02
Empowering Lebanon's economy: MP Ibrahim Kanaan unveils Sovereign Fund for Oil and Gas
Lebanon News
2023-08-02
Empowering Lebanon's economy: MP Ibrahim Kanaan unveils Sovereign Fund for Oil and Gas
Recommended For You
d-none hideMe
0
Lebanon Economy
04:40
Mansouri: The central bank cannot replace entire state to solve Lebanon’s crisis
Lebanon Economy
04:40
Mansouri: The central bank cannot replace entire state to solve Lebanon’s crisis
0
News Bulletin Reports
12:22
US aid to the Lebanese Army continues amid political stalemate
News Bulletin Reports
12:22
US aid to the Lebanese Army continues amid political stalemate
0
News Bulletin Reports
12:00
Fresh approach: Wassim Mansouri's proposed reforms seek to revive Lebanon's struggling banking sector
News Bulletin Reports
12:00
Fresh approach: Wassim Mansouri's proposed reforms seek to revive Lebanon's struggling banking sector
0
News Bulletin Reports
2023-09-28
Power for payment: EDL's strategy to boost power supply in non-compliant regions in Lebanon
News Bulletin Reports
2023-09-28
Power for payment: EDL's strategy to boost power supply in non-compliant regions in Lebanon
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
News Bulletin Reports
2023-09-21
Saudi Arabia's Vision 2030: NEOM project and sports investments fuel economic growth
News Bulletin Reports
2023-09-21
Saudi Arabia's Vision 2030: NEOM project and sports investments fuel economic growth
0
News Bulletin Reports
2022-12-17
Southern town of Rmeich troubled by tensions
News Bulletin Reports
2022-12-17
Southern town of Rmeich troubled by tensions
0
News Bulletin Reports
2023-09-28
Environmental crisis: Trash accumulates in the rivers and streets of Lebanon
News Bulletin Reports
2023-09-28
Environmental crisis: Trash accumulates in the rivers and streets of Lebanon
0
News Bulletin Reports
2023-09-27
TotalEnergies' exploration impact: A brighter future for Lebanon?
News Bulletin Reports
2023-09-27
TotalEnergies' exploration impact: A brighter future for Lebanon?
Videos
d-none hideMe
0
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
0
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
0
Lebanon News
2023-05-28
New Lebanese Embassy Building in Canada: A Triumph of Determination and Belonging
Lebanon News
2023-05-28
New Lebanese Embassy Building in Canada: A Triumph of Determination and Belonging
0
News Bulletin Reports
2023-02-02
US must think long before granting Lebanon Caesar Act waiver: Congressman
News Bulletin Reports
2023-02-02
US must think long before granting Lebanon Caesar Act waiver: Congressman
0
Lebanon News
2023-01-25
Beirut blast investigations: The latest
Lebanon News
2023-01-25
Beirut blast investigations: The latest
0
Lebanon News
2023-01-23
Here is what preliminary investigations reveal after grenade attack on LBCI
Lebanon News
2023-01-23
Here is what preliminary investigations reveal after grenade attack on LBCI
0
Lebanon News
2023-01-19
Khalaf, Saliba start open-ended stay inside parliament until president is elected
Lebanon News
2023-01-19
Khalaf, Saliba start open-ended stay inside parliament until president is elected
0
News Bulletin Reports
2022-12-23
Lebanon lacks leaders with geopolitical vision: Naufal Daou
News Bulletin Reports
2022-12-23
Lebanon lacks leaders with geopolitical vision: Naufal Daou
0
News Bulletin Reports
2022-12-07
FPM likely to ditch white ballots following disagreement with Hezbollah
News Bulletin Reports
2022-12-07
FPM likely to ditch white ballots following disagreement with Hezbollah
Most read
d-none hideMe
24 hours
7 days
Month
1
News Bulletin Reports
12:00
Fresh approach: Wassim Mansouri's proposed reforms seek to revive Lebanon's struggling banking sector
News Bulletin Reports
12:00
Fresh approach: Wassim Mansouri's proposed reforms seek to revive Lebanon's struggling banking sector
2
News Bulletin Reports
12:22
US aid to the Lebanese Army continues amid political stalemate
News Bulletin Reports
12:22
US aid to the Lebanese Army continues amid political stalemate
3
Lebanon Economy
04:40
Mansouri: The central bank cannot replace entire state to solve Lebanon’s crisis
Lebanon Economy
04:40
Mansouri: The central bank cannot replace entire state to solve Lebanon’s crisis
4
Lebanon News
04:11
OEIL: Absence of accountability led to further collapse in all sectors of Lebanese state
Lebanon News
04:11
OEIL: Absence of accountability led to further collapse in all sectors of Lebanese state
5
Lebanon News
03:57
MP Doueihi to LBCI: The parliament does not belong to Berri or his political party
Lebanon News
03:57
MP Doueihi to LBCI: The parliament does not belong to Berri or his political party
6
World News
03:34
LACC: Lebanon's Sovereignty, Independence, Freedom, and Unity Integral to Regional and International Security and Stability
World News
03:34
LACC: Lebanon's Sovereignty, Independence, Freedom, and Unity Integral to Regional and International Security and Stability
7
Lebanon News
07:19
Moawad meets US Ambassador Shea, urges presidential election
Lebanon News
07:19
Moawad meets US Ambassador Shea, urges presidential election
8
Press Highlights
00:17
Saudi Success in Realigning France with the Quintet: Challenges and Adjustments
Press Highlights
00:17
Saudi Success in Realigning France with the Quintet: Challenges and Adjustments
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More