December 17, 2020 Meet the Middle East

Nehme: BDL may need to use part of its mandatory reserves to cover subsidies

Caretaker Economy Minister Raoul Nehme said Thursday that the Central Bank will probably have no choice but to use part of its mandatory reserves to subsidize part of the essential products until a more solid solution for the subsidy comes into effect..
Source: Albawaba
Full Article: Nehme: BDL may need to use part of its mandatory reserves to cover subsidies