Lebanon PM says 98% of depositors to be unaffected by economic rescue plan

Lebanon PM says 98% of depositors to be unaffected by economic rescue plan
Representative Image Image Credit: Twitter (@alain_n_aoun)
  • Country:
  • Lebanon

Lebanese Prime Minister Hassan Diab said on Thursday that 98% of the country's depositors will not be affected by an economic rescue plan, the draft of which included a proposal to fund some losses with a contribution from deposits.

"I can announce today that the percentage of those who will be unaffected will be not less than 98 percent of depositors," Diab said in a televised address.

Give Feedback

Use this form for editorial or site feedback. We usually reply within 2 to 3 working days.

By submitting, you agree that we may use your email address to respond.