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REFORMS

Monetary and Credit code reform: Adjustments made, significant gaps remain

L’Orient-Le Jour reviewed a comprehensive analysis highlighting numerous flaws in the proposal put forward by the committee mandated by caretaker Prime Minister Najib Mikati.

Monetary and Credit code reform: Adjustments made, significant gaps remain

Lebanese lira bills at an exchange agent in Beirut. (Credit: João Sousa)

In early July, the committee tasked with the partial overhaul of the Money and Credit Code submitted its report to caretaker Prime Minister Najib Mikati. While the report contained “good proposals,” it also included “ambiguous” or “insufficient”...
In early July, the committee tasked with the partial overhaul of the Money and Credit Code submitted its report to caretaker Prime Minister Najib Mikati. While the report contained “good proposals,” it also included “ambiguous” or “insufficient”...