News Column

Finance Minister, Central Bank Governor dwell on public debt strategy

May 20, 2014

NNA - Minister of Finance, Ali Hassan Khalil, on Tuesday held a meeting with Lebanon'sCentral Bank's Governor, Riad Salameh, and the general committee tasked with managing public debt, with talks touching on the guidelines of a strategy that is devoted to deal with the state indebting.

Following the meeting, the Minister told reporters that talks particularly focused on devising a strategy of public debt. "It is the first meeting we hold and we have put the guidelines of this strategy which will be discussed in the days to come at the Cabinet in order to be approved."

"We look for a rational management of public debt and for an institutional management of this indebting, which seems to be hiking," he continued.

But the Minister reassured that there were no concerns over the monetary situation.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: National News Agency (Lebanon)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters