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Home international

The Lebanese government announces the state bankruptcy

by Webdo
Monday 4 April 2022 12:03
in international
The Lebanese government announces the state bankruptcy
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The Lebanese Deputy Prime Minister Saadé Chami announced that “the State and the Bank of Lebanon (BDL) are bankrupt”.

During a television interview broadcast yesterday, Sunday, on the al-Jadeed channel, the manager said that the state is bankrupt and that the distribution of losses will be attributed to the actors concerned, namely the State, the BDL, the banks and the citizens.

He pointed out that KPMG audit the Bank of Lebanon, and that it already undertakes an inventory of the quantities of gold in its possession.

“It is a fact that cannot be ignored, we cannot live in a state of denial. (..) I would have liked to be in a normal state. “He said.

Regarding negotiations with the International Monetary Fund, he indicated that Lebanon is in full negotiation and in daily contact with the funder.

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“No, Lebanon is not bankrupt,” denies the government

"No, Lebanon is not bankrupt," denies the government

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