We will commit to submitting the state accounts to the Ministry of Finance in preparation for the criminal audit.

The Governor of the Central Bank, Riad Salameh, confirmed that Lebanon has the possibility to remain with the subsidy for a period of two months.

Salameh added, in an interview with Al-Hadath TV, that “there are Lebanese deposits and the evidence is that no bank has declared bankruptcy.” He said: “These deposits are in the banks, not in the central bank. Lebanese banks have their risk management and we only set policies.”

He noted that “we have to ensure liquidity when banks need to protect depositors’ money,” saying: Every month, at least $ 600 million is withdrawn to meet the needs of the Lebanese.

Salameh defended himself saying: “I am not part of the corruption, I am independent and non-partisan. The Central Bank finances the state if it lacks financing according to the law. The deficit in the state budget does not belong to the Bank of Lebanon, which does not have accounts except those of banks “.

He noted that “until the end of September 2020, the Central Bank of Lebanon returned all the dollars to the banks, and all the countries in the world ended their cash withdrawals.”

He pointed out that the Central Bank will own the shares of the banks that are not committed to the capital increase.

Salameh was surprised by what was said about the imposition of sanctions on the Central Bank and said that the conversation about US sanctions on the Bank of Lebanon was “inaccurate.”

Regarding the money that came out of Lebanon, Salameh said that it is 1,100 million, “it is not the cause of the crisis.”