Lebanon's Central Bank Governor and his deputies bound for Paris
Lebanon’s Central Bank Governor Karim Souaid accompanied by his deputies, headed to France to participate in a series of high-level working sessions organized by the Central Bank of Lebanon. These meetings bring together senior International Monetary Fund (IMF) officials responsible for the Lebanon file, in addition to Lebanon's Ministers of Finance and Economy.
A statement from the Central Bank's Media and Public Relations Unit noted that this working meeting is being held in Paris at the initiative of the Central Bank of Lebanon, in preparation for the IMF Spring Meetings scheduled for April, with the aim of advancing discussions on Lebanon's financial and economic reform agenda. These sessions will address a range of key issues, including legislative initiatives, structural reforms, and regulatory frameworks needed to support financial stability and promote economic recovery.
The statement added that the meeting will also highlight precautionary measures that both the Central Bank of Lebanon and the government should adopt during periods of economic and geopolitical instability, with the goal of preserving monetary stability and strengthening the resilience of the financial system. These meetings are held at the offices of the Central Bank of Lebanon's financial advisor in Paris, who is facilitating and organizing the technical discussions. The Central Bank of Lebanon views this initiative as part of its ongoing efforts to enhance constructive dialogue with international partners and Lebanese authorities, in support of a coherent and credible path towards achieving much-needed economic stability, especially in these challenging times.
