Naharnet

Suleiman Prepares ‘All Necessary Steps’ to Renew Salameh’s Term

President Michel Suleiman has prepared all the necessary steps to renew the term of the Central Bank governor Riyad Salameh “at the right time”, An Nahar daily reported on Monday.

The newspaper said that Suleiman is still giving the new cabinet the priority to renew Salameh’s term once it’s formed.

In case the formation is delayed, he will call for an extraordinary session for the caretaking government with the single article of the renewal on its agenda, An Nahar remarked.

Information obtained by the newspaper assured that there is a “general consent” on this step that the president suggested after consulting legal experts.

Concerning the adoption of “mobile draft-laws,” the pan-Arab daily al-Hayat quoted sources as saying on Monday that “if the draft-law requires the signature of 20 or 21 ministers to become effective-- which is two-thirds of the cabinet members-- why don’t we hold a ministerial session where the central bank’s governor term is extended?”


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