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RETURN OF DEPOSITS

Financial gap law: Nawaf Salam wins his gamble, but the biggest challenge awaits

The Cabinet adopted the hotly contested text for of its technical mechanisms but also because it is bound to political pressures from abroad.

Financial gap law: Nawaf Salam wins his gamble, but the biggest challenge awaits

Lebanese Prime Minister Nawaf Salam speaks at a press conference after a Cabinet session in Beirut on Dec. 26, 2025. (Photo published by the Lebanese Government Press office on Dec. 26, 2025/AFP)

Prime Minister Nawaf Salam sought to wrap up the issue of return of deposits before the end of the year, and he did. After long negotiations and intense pressure, the Cabinet yesterday adopted Salam's draft law by 13 votes to 9.The text had been presented by Salam as "the best possible" in a country where getting out of the crisis remains at the whim of international demands, internal power balances and electoral calculations. How it happened Cabinet approves financial gap law Following its adoption, Salam insisted at a press conference that he is "not selling illusions" and that he intends to "deliver justice first to small depositors, then to others." The message is clear: to set a course rather than get bogged down in endless rewrites of a text that some government partners, according to several...
Prime Minister Nawaf Salam sought to wrap up the issue of return of deposits before the end of the year, and he did. After long negotiations and intense pressure, the Cabinet yesterday adopted Salam's draft law by 13 votes to 9.The text had been presented by Salam as "the best possible" in a country where getting out of the crisis remains at the whim of international demands, internal power balances and electoral calculations. How it happened Cabinet approves financial gap law Following its adoption, Salam insisted at a press conference that he is "not selling illusions" and that he intends to "deliver justice first to small depositors, then to others." The message is clear: to set a course rather than get bogged down in endless rewrites of a text that some government partners, according to...
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