LBCI

Lebanon’s PM pushes to finalize financial gap law within 48 hours, sources say

Lebanon Economy

15-12-2025 | 08:24

Share

Share

Lebanon’s PM pushes to finalize financial gap law within 48 hours, sources say

2^min

Financial sources told LBCI that Prime Minister Nawaf Salam is determined to finalize a draft of the financial gap law within 48 hours at most, ahead of presenting it to the cabinet. Discussions are ongoing with the International Monetary Fund (IMF) to reach a version that avoids major objections from the fund.

Sources described the draft as a law that will not fully satisfy any party—not the banks, the central bank, the government, the IMF, or depositors. They also noted that further amendments are expected when the draft is reviewed in parliament.

The sources stressed that the law does not signal the end of Lebanon’s current banking sector, as some have claimed. Instead, the sector and the central bank will undergo an evaluation by international auditing firms following global standards to determine losses.

Decisions will then be made regarding which banks can continue operating, what losses depositors may bear, and the support required from the treasury to cover the financial gap.

Lebanon News

Lebanon Economy

Lebanon

Nawaf Salam

Economy

Cabinet

International Monetary Fund (IMF)

Next

Lebanon updates fuel prices

Lebanon's financial fix: Could a deposit write-off reshape the economy?

Previous

Recommended For You

Salary increase for government workers contingent on parliament’s green light, says Morcos

Lebanon Economy

15:05

Salary increase for government workers contingent on parliament’s green light, says Morcos

Lebanon’s Cabinet faces crunch decision on public sector pay raises

News Bulletin Reports

2026-02-15

Lebanon’s Cabinet faces crunch decision on public sector pay raises

Lebanon’s local-currency credit rating upgraded to CCC+ with stable outlook, S&P says

Lebanon Economy

2026-02-14

Lebanon’s local-currency credit rating upgraded to CCC+ with stable outlook, S&P says

IMF urges swift banking and fiscal reforms after Beirut visit

Lebanon Economy

2026-02-13

IMF urges swift banking and fiscal reforms after Beirut visit

Subscribe to our VOD

SUBSCRIBE

Our visitors readings

Speaker Nabih Berri condemns Israeli attacks on southern Lebanon

2025-09-18

Speaker Nabih Berri condemns Israeli attacks on southern Lebanon

Pope Leo XIV concludes Beirut visit: Lebanon is more than a country; it is a message

2025-12-02

Pope Leo XIV concludes Beirut visit: Lebanon is more than a country; it is a message

Lebanon declares two-day public holiday for pope’s visit

2025-10-27

Lebanon declares two-day public holiday for pope’s visit

Ukraine energy minister says resigning over corruption scandal

2025-11-12

Ukraine energy minister says resigning over corruption scandal

Videos

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

2026-02-16

German President Steinmeier meets Lebanon's President Aoun at Baabda Palace—Video

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

2026-02-14

Future Movement supporters mark Rafic Hariri anniversary, call for Saad Hariri's return to politics

Israel strikes vehicle in Doueir-Wadi Aaba in South Lebanon—Video

2026-02-01

Israel strikes vehicle in Doueir-Wadi Aaba in South Lebanon—Video

Berri halts live broadcast amid parliament salary dispute

2026-01-29

Berri halts live broadcast amid parliament salary dispute

Fairuz receives condolences for death of son Hali Rahbani—Video

2026-01-10

Fairuz receives condolences for death of son Hali Rahbani—Video

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

2025-12-02

Pope Leo XIV urges leaders to hear their people’s cry for peace, singles out Lebanon (video)

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

2025-12-02

At Beirut waterfront, Pope Leo XIV rides through cheering crowds (video)

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

2025-12-02

At Beirut Port, Pope Leo XIV offers silent prayer for blast victims (video)

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

2025-12-02

Pope Leo XIV opens hospital visit with Arabic ’Sabah el-kheir’ — Video

Most read

24 hours

7 days

Month

Lebanon braces for UNIFIL exit as Germany signals continued role amid shifting security landscape

1

Lebanon braces for UNIFIL exit as Germany signals continued role amid shifting security landscape

Roads blocked in Beirut and Khaldeh in protest over fuel price hike and VAT

2

Roads blocked in Beirut and Khaldeh in protest over fuel price hike and VAT

Salary increase for government workers contingent on parliament’s green light, says Morcos

3

Salary increase for government workers contingent on parliament’s green light, says Morcos

Hezbollah chief says group does not want war, blames Lebanese state for Israeli attacks

4

Hezbollah chief says group does not want war, blames Lebanese state for Israeli attacks

Lebanon's election battle deepens: Expat district or 128 seats?

5

Lebanon's election battle deepens: Expat district or 128 seats?

Israeli army reports attack on Hezbollah member in southern Lebanon

6

Israeli army reports attack on Hezbollah member in southern Lebanon

Cabinet briefed on army weapons control plan, second phase could take months

7

Cabinet briefed on army weapons control plan, second phase could take months

Lebanon's Interior Minister says election process underway under current law

8

Lebanon's Interior Minister says election process underway under current law

Download now the LBCI mobile app

To see the latest news, the latest daily programs in Lebanon and the world

Google Play

App Store

Download now the LBCI mobile app

We use
cookies

We use cookies to make
your experience on this
website better.

Accept

Learn More