Source: Reuters
Friday 17 September 2021 15:46:37
Finance Minister Youssef Khalil Friday signed a new contract with restructuring consultancy Alvarez and Marsal (A&M) to carry out a forensic audit at the country’s central bank, the ministry said in a statement.
A&M will give an initial report to the ministry within 12 weeks of its team starting work, the ministry said.
The plan for an audit, a key requirement for Lebanon to secure foreign aid amid its financial meltdown, hit a roadblock in November when A&M withdrew, saying it had not received the information it needed from the central bank.