The Finance Ministry’s media office clarified in an issued statement this afternoon that Finance Minister Youssef Al-Khalil did not state nor suggest that Banque du Liban Governor’s mandate will be extended.

The statement continued to explain that referring to the dire conditions Lebanon is going through, Minister Al-Khalil considered that it may be difficult for the political forces to agree on an alternative.

As for the subject of extension, the Minister pointed to the proposal of expending the term of first category state employees.