Economist Patrick Mardini confirmed that “growth is negative in Lebanon, and the growth of the monetary mass in 2022 was 100%, and there is a surplus in pounds.”
Al-Mardini indicated in an interview with “Voice of All Lebanon” that “the lira continues to collapse, and the proposed plans to restore the financial balance contribute to this, and there will be fluctuations.”
He pointed out that there are “two options to solve the banking crisis, the first through legislation and government policies, and the second option is the liquidation of banks and lawsuits, and the second option is currently difficult because it is not known what will be the fate of depositors’ money.”