2023-07-04 10:21:00
A banking source announced the importance of the International Monetary Fund report in terms of describing the emergence of the financial gap, which is estimated at regarding $73 billion, in terms of the fact that the funds that were present in the Banque du Liban and commercial banks are almost sufficient to cover all deposits.
The source added that the financial gap accumulated when the state was unable to issue bonds, and resorted to borrowing from the Central Bank, and it also contributed, following announcing the cessation of payments and through the poor management of the crisis, by wasting regarding $22 billion of the money of depositors in the Banque du Liban, and regarding $15 billion of the money of the Central Bank. Banks by allowing dollar loans to be paid in pounds or at an unreal rate.
The banking source considered that the IMF report is a clear indictment once morest the authority, and its primary and primary responsibility for the situation we have reached today.
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