Naharnet

Aoun Receives Salameh, Talks Focus on Lebanon's Monetary Situation

President Michel Aoun met on Wednesday with the governor of the Central Bank Riad Salameh where talks focused on Lebanon's financial and monetary situation, the state-run National News Agency reported.

NNA said, Salameh briefed the President on the current “financial and monetary situation highlighting the efforts of the Central Bank in preserving Lebanon's financial stability.”

The meeting between the two men comes in light of requests demanding the extension of the governor's term for another six years.

A cabinet meeting chaired by PM Saad Hariri convened on Wednesday at the Grand Serail, but Salameh's term extension issue was not tackled, according to media reports.

The term of the governor is usually discussed at a cabinet meeting chaired by the President.

Salameh is the Governor of Lebanon's Central Bank since August 1, 1993.

He was reappointed three times for a six-year term of office in 1999, 2005 and 2011.

Source: Naharnet


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