Source: Kataeb.org
Thursday 8 May 2025 10:54:36
President Joseph Aoun on Thursday called for urgent efforts to restore both domestic and international trust in Lebanon’s banking sector and to strengthen the national currency, as he visited the Central Bank and met with Governor Karim Souaid and his deputy governors.
Speaking from the Central Bank’s headquarters in Beirut, Aoun acknowledged the immense responsibility facing the country’s monetary authorities and stressed that the revival of the economy hinges on sound financial governance.
“There is a great responsibility to rebuild confidence, both locally and internationally, in Lebanon’s financial system and to protect the national currency,” Aoun said.
He emphasized that shielding the Central Bank from political interference and operating with full transparency were key to rebuilding the country’s economic foundations.
“Economic recovery depends on transparency and the ability to operate independently of political pressure,” the president noted.
For his part, Central Bank Governor Karim Souaid pledged to uphold the institution’s autonomy and integrity, vowing to resist external pressure and ensure decisions remain grounded in legal and institutional frameworks.
“We are determined to preserve the independence and credibility of the Central Bank,” Souaid said. “We will reject interference from any source and base our decisions. Our actions will be guided by the law and focused on achieving what is in the best interest of Lebanon.”