What they said كريم سعيد ×

The last thing we want is to go through a second payment default.

We sometimes have to take politically sensitive decisions because we want to protect our banking sector from any sanctions or external pressure

We saw that all other larger and stronger economies, such as the UAE and Turkey, complied with such requests in order to preserve their banks' relationship with the international financial system. Lebanon cannot bear such a risk

Sending a clear signal to the outside world that we are determined to protect our banking sector from any party that may expose it to contamination risk

no later than mid-2027

will make the implementation of the law more robust, provide greater legal protection, and thus facilitate its passage when referred to parliament.

I am very confident that we will reach, before the end of the year, a consensus with the IMF and the government on the principles that need clarification in the law.

We sometimes have to take politically sensitive decisions because we want to protect our banking sector from any sanctions or external pressures.

Lebanon cannot bear such risks.

Sending a clear signal to the world that we are determined to protect our banking sector from any party that may expose it to contagion risk.

The decision aims to send a clear message abroad that Lebanon is committed to protecting its banking sector from any risks that could threaten its integrity.

sending a clear signal to the outside world that we are determined to protect our banking sector from any party that may expose it to the risk of contamination