Finance Minister Yassine Jaber stated that a new governor for the central bank will be appointed by the end of March to maintain the institution’s stability.
Speaking to Bloomberg, Jaber highlighted that the ideal candidate should be highly reputable, possess extensive experience, and be well-established in financial and monetary sectors.
On the issue of bank deposits, Jaber dismissed the possibility of write-offs, affirming that the priority is to appoint a new governor who will introduce a financial strategy to tackle the deposit situation. Only then will creditor-related matters be addressed, with banks instructed to postpone creditor dealings until 2028.
Meanwhile, MTV reported that President Joseph Aoun is pushing for a complete overhaul in appointments, ensuring that top positions are filled by fresh names rather than individuals linked to the corruption of the previous system.
