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Lebanon’s central bank governor defends his role amid crisis

by CBDC Insider Staff
April 30, 2020
in Business, Middle East
Reading Time: 1min read
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Lebanon’s central bank governor defends his role amid crisis
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Lebanon’s central bank governor defended himself Wednesday against scathing criticism by the government, claiming there is a “systematic campaign” meant to hold him responsible for the country’s recent financial crisis and the collapse of the national currency.
Speaking in an hour-long video conference, Gov. Riad Salameh, who has held the post since 1993, deflected blame and said he did what he had to do to maintain Lebanon’s monetary stability in the face of various crises over the past years. He blamed politicians for reneging on repeated promises of reform.

Continue read: https://federalnewsnetwork.com/government-news/2020/04/lebanons-central-bank-governor-defends-his-role-amid-crisis/

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