Lebanese acting governor warns of state failure

Mansouri says central bank wants zero-deficit budget and will co-operate with independent audit

Central Bank of Lebanon
The Central Bank of Lebanon
Karan Jain (https://bit.ly/3IYY8Dm)

Lebanon’s acting central bank governor has warned the country’s crisis could worsen if political leaders do not set a budget and agree reforms.

“Every day we waste without drafting laws, losses increase as well as the possibility of a state collapse,” said Wassim Mansouri, during a conference on September 1 in Saudi Arabia that was part of his first official visit outside Lebanon.

Mansouri became acting governor on July 31, after Riad Salameh ended 30 years in office with French and German

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