Naharnet

Govt. Finalizes Financial Plan amid Objections on Lira Gradual Floating

The government on Wednesday put the final touches on its long-awaited financial and monetary plan which is expected to be approved later in a session held in Baabda.

“The plan has received positive feedback abroad,” LBCI TV reported.

It said “the issue of floating the lira exchange rate in a gradual manner has not yet been resolved due to objections by some ministers,” noting that “it will be resolved tomorrow.”

Some ministers meanwhile asked Diab about his response to Central Bank Governor Riad Salameh's televised address and the premier told them that he prefers to take his time.

Source: Naharnet


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