UN official: Lebanon’s elite ought to blame themselves for financial disaster


Lebanese politicians are watching on because the financial system collapses, the senior U.N. official in Lebanon mentioned on Wednesday, rebuking a political elite that has didn’t kind a authorities because the nation sinks deeper into financial and monetary disaster.

Jan Kubis, U.N. particular coordinator for Lebanon, additionally famous that central financial institution (BDL) governor Riad Salameh had requested extraordinary powers to handle the financial system — an obvious reference to his request for additional authorities to manage controls being applied by industrial banks.

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“Lebanon is really distinctive — the BDL Governor requesting extraordinary powers to no less than by some means handle the financial system whereas these accountable watch it collapsing. Unimaginable,” Kubis wrote in a Twitter submit.



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