The governor of the Lebanese Central Bank denies the removal of...

The governor of the Lebanese Central Bank denies the removal of...
The governor of the Lebanese Central Bank denies the removal of...

Beirut – dpa: The Governor of the Banque du Liban, Riad Salameh, confirmed yesterday, Wednesday, that the lifting of comprehensive support for basic materials contains many fallacies, stressing his keenness to secure the life necessities of citizens within the bank’s capabilities.
Salameh said, during his meeting with the Executive Council of the Federation of Bank Employees Syndicates yesterday, that “the lifting of comprehensive support for necessities (fuel, flour, medicines and foodstuffs) contains many fallacies, and the Bank of Lebanon will continue to carry out its duties in this regard in a manner that does not conflict with the laws.”
Regarding the issue of reducing the number of employment in banks due to the current circumstances, the Council assured the safety of “the necessity for bank administrations to adhere to legal principles when applying the termination of their employees’ contracts.” The Council stressed that “the compensation to be paid to the expatriates must be commensurate with the difficult living and social reality. They also informed the ruler about the reality of working in the mutual fund for bank employees.”
The statement declared that «the ruler was understanding of the Union’s demands, especially with regard to the issue of exchange in the banking sector», and promised to «follow up the file of the Mutual Fund for bank employees».
It is noteworthy that the Lebanese are concerned and doubts about the possibility of the central bank continuing to support basic commodities (fuel, flour, medicines and some foodstuffs) in light of the bank’s dwindling assets of foreign currencies.
And unofficial information indicates that the Central Bank will not be able to support fuel, wheat and medicine for more than the next three months.

These were the details of the news The governor of the Lebanese Central Bank denies the removal of... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV Pakistan Premier Imran Khan wins confidence vote in National Assembly
NEXT Trump, returning to political stage, flirts with 2024 run