Riad Salameh

Lebanon's Central Bank Will Continue Financial Operations in 2019

Lebanon’s central bank will stick to its financial operations in 2019, central bank governor Riad Salameh told Reuters, adding a rise in global interest rates is concerning policymakers in the heavily indebted country. Lebanon - which has the world’s third highest debt-to-GDP ratio and suffers from stagnant growth - has faced increasing pressure in recent months amid a political stalemate that has prevented the formation of a government since elections some seven months ago.