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Lebanon has entered a new phase of financial and political risks, first represented by news of the start of tightening control by correspondent banks on transfers of fresh dollars to Lebanon. According to information circulating in the financial corridors, correspondent banks fear illegal operations and financial crimes that may result from transfers of fresh dollars to Lebanon, which poses a threat to the correspondent banks themselves. According to banking circles, correspondent banks have begun quantitative assessments of financial risks, but also legal risks that may result from dealing with Lebanese banks in terms of transfers of fresh dollars in both directions!
In an interview with Al-Diyar newspaper, one of the economic references commented on this news by saying that the transfers of fresh dollars to Lebanon have become the lung from which a large part of the Lebanese people breathe, and therefore any process of restricting these transfers will lead to social disasters, pointing out that billions of dollars are still It enters Lebanon and a large part of it goes to living expenses. The economic reference held the Lebanese government responsible for the state of affairs, given that it allowed the creation of the monetary economy, which is considered a broad door to all financial crimes.
