Lebanese Central Bank

Lebanon central bank lifts fuel import subsidies

The bank said while it had spent more than $800 million on fuel in the last month and the bill for medicines had multiplied, those goods were still absent from the open market and were being sold at prices that exceed their value.

Activists file legal complaint against Lebanon Central Bank governor

The complaint, filed in France by non-profit organisation Sherpa and a group of lawyers, targets Lebanese Central Bank Governor Riad Salameh, who allegedly made “suspicious” real estate purchases in the country.