US Embassy Statement on Financial Reform in Lebanon

❝ The United States of America welcomes the reform steps being undertaken by Prime Minister Nawaf Salam’s government, including the Cabinet’s approval of the gap law, which help restore the confidence of international financial institutions, including the World Bank and the International Monetary Fund, in the Lebanese economy and support its recovery. These reforms are considered important steps toward restoring confidence in the Lebanese banking system, and positive steps forward that serve Lebanon’s long-term interests, and help attract international investments. ❞

Read More