Lebanon's Stability Is Backed by Liquidity, Says Salameh

The transcript discusses the potential impact of a crisis on banks, particularly if the Saudi Arabia situation worsens. It highlights Lebanon's preemptive measures to maintain high liquidity in both the banking sector and the Central Bank, including liquidity in foreign currency. The transcript also emphasizes the positive political actions taken by Lebanon's President to maintain internal unity and secure international support from the US and Europe. With strong technical and political backing, Lebanon is expected to maintain stability.

What is the main concern discussed regarding the Saudi Arabia crisis?

• It is a monetary crisis.

• It might impact the banks.

• It will lead to inflation.

• It will cause a recession.

What measures have Lebanon and the Central Bank taken to ensure financial stability?

• Increased interest rates.

• Reduced foreign investments.

• Ensured high liquidity.

• Decreased government spending.

How has Lebanon ensured high liquidity?

• Through foreign currency reserves.

• Through domestic borrowing.

• By increasing taxes.

• By reducing imports.

What role did the President of the Republic play in maintaining stability?

• He reduced foreign aid.

• He increased military spending.

• He implemented new trade policies.

• He preserved internal unity.

Which international entities have shown support for Lebanon?

• China and Russia.

• United States and Europe.

• Australia and Canada.

• India and Japan.