SAWT BEIRUT INTERNATIONAL

| 28 April 2024, Sunday |

Vague recovery plan, depositors’ money in evaporation

After the controversy between the Association of Banks and the Deputy Prime Minister of the Caretaker Government, Saadeh Al-Shami, over the background of the recovery plan, the Association of Depositors responded to the Association of Banks and considered it seeking to undermine this plan because it wanted to continue working with Riad Salameh’s financial plan, which bears all the burdens of the crisis for society in general and for small and medium depositors in particular, it seeks to transfer the state’s assets and property into a sovereign fund, in order to reduce the losses of the banks themselves, and through it to pay the depositors’ money, thus removing responsibility for itself and floating its members again.

On this subject, the former Deputy Governor of the Banque du Liban, Dr. Ghassan Al-Ayyash, joined us.

 

    Source:
  • Sawt Beirut International