Lebanon PM asks government, banks for plan to restore confidence

Lebanese clients wait outside a private bank for the opening after two weeks of closer, in Beirut, Lebanon, Friday, Nov. 1, 2019. (File photo: Reuters)

Lebanon’s Prime Minister Hassan Diab asked the government and banking sector on Wednesday to prepare a plan to restore “the minimum degree of confidence” as the country faces its worst economic and financial crisis in decades.

At a meeting to discuss the financial and economic situation, Diab said the first impressions he got from the central bank and banking association was that there were still “ways out” of the crisis, a statement said.

Last Update: Wednesday, 20 May 2020 KSA 10:01 - GMT 07:01