Lebanon's Stability Is Backed by Liquidity, Says Salameh

Lebanon's Stability Is Backed by Liquidity, Says Salameh

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Business, Social Studies

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of liquidity in the banking sector for Lebanon's economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did international support play in Lebanon's economic situation?

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