Governor of the Central Bank of Lebanon, Riad Salameh, departed after a three-decade-long tenure that witnessed significant events and repercussions on the Lebanese economy. His departure was accompanied by a “Zaffa” (traditional Arabic wedding march) held in front of the central bank building.
After leaving the premises, Salameh said, “I bid you farewell, but my heart remains with you. The Central Bank of Lebanon endured and will continue to endure.”
It is worth noting that the First Deputy Governor of the Central Bank, Wassim Mansouri, had announced in a press conference that he would assume executive authority in the central bank starting the next day, and the signing authority would be with him.
He emphasized that there must be a shift to a different policy, which involves ending the practice of fully financing the state. He made it clear that no disbursement for government funding will be signed under any circumstances, outside his convictions and beyond the legal framework.