News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
26
o
Bekaa
22
o
Keserwan
26
o
Metn
26
o
Mount Lebanon
24
o
North
27
o
South
25
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Late Night News
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
26
o
Bekaa
22
o
Keserwan
26
o
Metn
26
o
Mount Lebanon
24
o
North
27
o
South
25
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Series
Movies
Documentaries
Variety
Comedy
Talk Show
News Bulletin
Sports
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
MPs demand answers on currency exchange rate crisis, fund transfers
News Bulletin Reports
22-03-2023 | 13:17
High views
Share
Share
3
min
MPs demand answers on currency exchange rate crisis, fund transfers
Lebanese MPs have turned a joint committee session into a 'government accountability meeting' to discuss the out-of-control currency exchange rate in an attempt to avoid appearing out of touch with the country's economic crisis.
All political parties attended through their respective deputies in the General Assembly hall in the parliament, asking questions that all citizens have been asking: Who sets the exchange rate? Why are banks closing and citing strikes? How to explain the central bank's circulars? And who controls the currency printing? However, none of the attendees had any satisfactory answers.
In this context and according to statements made by Deputy Speaker Elias Bou Saab, many powerful officials are still operating in the country and transferring funds outside of Lebanon, even during the economic crisis.
Bou Saab also said these people could be businessmen or individuals with ties to banks and their boards of directors, and some may even include judges or security officials.
Despite the gravity of the situation, neither the caretaker Prime Minister nor the Governor of the Central Bank attended in person to address the issue, which many MPs objected to, with only their representatives being sent.
Advisor to Caretaker PM, Nicolas Nahas, clarified that "the Central Bank issues circulars and its council approves them.
Additionally, he mentioned that the latter has absolute independence in this matter, especially in issues related to state financing.
"Of course, there is coordination, but I do not think the council coordinates all of its circulars with the government," Nahas stated.
Thus, the session ended quietly with no answers to the citizens' questions, only interrupted by some shouting from the protesters outside the parliament and the smell of tear gas that breached the parliament's lobby.
The Lebanese situation is dire, and the lack of coordinated action to combat money smuggling has only added to the economic woes faced by the country. Lebanon's future remains uncertain until concrete measures are taken to address this problem.
Breaking Headlines
Lebanon News
News Bulletin Reports
MP
Lebanon
Lebanese
Parliament
Parliamentary
Currency
Exchange Rate
Crisis
Fund
Transactions
Next
Details emerge: Israel strikes building in Beirut's southern suburbs, marking second attack in days
Recommended For You
d-none hideMe
0
News Bulletin Reports
13:10
Parliament prepares immunity vote: Will political shield protect MP George Bouchikian?
News Bulletin Reports
13:10
Parliament prepares immunity vote: Will political shield protect MP George Bouchikian?
0
News Bulletin Reports
13:00
Political pressure mounts on Netanyahu as hostage talks stall and Gaza plan sparks outrage
News Bulletin Reports
13:00
Political pressure mounts on Netanyahu as hostage talks stall and Gaza plan sparks outrage
0
News Bulletin Reports
12:55
New chapter on Syrian refugee return: Lebanon launches first coordinated return of Syrian refugees
News Bulletin Reports
12:55
New chapter on Syrian refugee return: Lebanon launches first coordinated return of Syrian refugees
0
News Bulletin Reports
12:48
Lebanon, Syria at odds: Syrian detainees in Lebanon top priority for Damascus
News Bulletin Reports
12:48
Lebanon, Syria at odds: Syrian detainees in Lebanon top priority for Damascus
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2025-07-04
Ministry of Education: Rescheduling of written and oral colloquium exams for certain specializations
Lebanon News
2025-07-04
Ministry of Education: Rescheduling of written and oral colloquium exams for certain specializations
0
News Bulletin Reports
13:10
Parliament prepares immunity vote: Will political shield protect MP George Bouchikian?
News Bulletin Reports
13:10
Parliament prepares immunity vote: Will political shield protect MP George Bouchikian?
0
News Bulletin Reports
13:00
Political pressure mounts on Netanyahu as hostage talks stall and Gaza plan sparks outrage
News Bulletin Reports
13:00
Political pressure mounts on Netanyahu as hostage talks stall and Gaza plan sparks outrage
0
Middle East News
03:25
Drones shot down near Iraqi Kurdish forces ahead of PKK disarmament ceremony
Middle East News
03:25
Drones shot down near Iraqi Kurdish forces ahead of PKK disarmament ceremony
Videos
d-none hideMe
0
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
Lebanon News
2025-07-01
Massive fire erupts at unregulated dumpsite in Bchannine, Zgharta district
0
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
Lebanon News
2025-06-10
Clash between Lebanese Army and residents of Deir Qanoun Al Nahr results in injuries (Video)
0
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
Lebanon News
2025-06-04
Mexico dedicates garden around Lebanese Emigrant Statue in Beirut to mark 80 years of diplomatic ties
0
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
Lebanon News
2025-05-19
President Aoun to seek Egyptian support for Lebanese Army in detecting explosives and tunnels
0
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
Lebanon News
2025-05-15
LBCI Exclusive: US steps up pressure on Hezbollah, Morgan Ortagus details sanctions and vision for Lebanon's future
0
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
Lebanon News
2025-05-11
Kuwait rolls out official welcome for Lebanon's President Aoun – video
0
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
Lebanon News
2025-05-11
Security incidents temporarily disrupt voting in several Akkar and Minieh-Danniyeh centers
0
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
News Bulletin Reports
2025-05-09
EU ambassador says 'we are not just donors, but genuine partners to Lebanon': Insights from exclusive LBCI interview
0
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
Lebanon News
2025-04-23
US envoy Morgan Ortagus hails Lebanese diaspora, says country stands at a crossroads
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
05:29
Ahmed al-Sharaa threatens diplomatic and economic escalation over detained Syrians in Lebanon: Syria TV
Lebanon News
05:29
Ahmed al-Sharaa threatens diplomatic and economic escalation over detained Syrians in Lebanon: Syria TV
2
Lebanon News
07:01
President Aoun reaffirms state’s sole authority over arms, rejects normalization, and urges unity
Lebanon News
07:01
President Aoun reaffirms state’s sole authority over arms, rejects normalization, and urges unity
3
Lebanon News
07:46
Syrian government denies plans for escalatory measures against Lebanon, stresses priority of detainee issue: Al-Ekhbariya TV
Lebanon News
07:46
Syrian government denies plans for escalatory measures against Lebanon, stresses priority of detainee issue: Al-Ekhbariya TV
4
News Bulletin Reports
12:55
New chapter on Syrian refugee return: Lebanon launches first coordinated return of Syrian refugees
News Bulletin Reports
12:55
New chapter on Syrian refugee return: Lebanon launches first coordinated return of Syrian refugees
5
Lebanon News
04:57
Lebanese Parliament forms subcommittee to review immunity lift request for MP George Bouchikian
Lebanon News
04:57
Lebanese Parliament forms subcommittee to review immunity lift request for MP George Bouchikian
6
Lebanon News
12:23
Lebanon announces new BDL Deputy Governors
Lebanon News
12:23
Lebanon announces new BDL Deputy Governors
7
Lebanon Economy
03:21
Fuel prices shift in Lebanon
Lebanon Economy
03:21
Fuel prices shift in Lebanon
8
Lebanon News
10:30
Cabinet appoints Maher Shaaito as Lebanon's new Financial Prosecutor
Lebanon News
10:30
Cabinet appoints Maher Shaaito as Lebanon's new Financial Prosecutor
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