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LEBANON

A sectarian battle behind setting up a sovereign wealth fund

Amal and Hezbollah are against the establishment of an institution that would be independent of the Finance Ministry.

A sectarian battle behind setting up a sovereign wealth fund

The most influential political blocs believe that the state should absorb a significant part of the losses of the financial system’s losses, namely commercial banks and Banque du Liban (BDL), which exceed $70 billion.Most of them also seemed to...
The most influential political blocs believe that the state should absorb a significant part of the losses of the financial system’s losses, namely commercial banks and Banque du Liban (BDL), which exceed $70 billion.Most of them also seemed to...