🇱🇧 L'Orient: The International Monetary Fund proposes a temporary replacement of the management in most Lebanese banks with independent managers as part of the banking restructuring process in the country.

🇱🇧 L'Orient: The International Monetary Fund proposes a temporary replacement of the management in most Lebanese banks with independent managers as part of the banking restructuring process in the country.

The proposal is intended to preserve the bank's assets and prevent the existing management from influencing audits of past operations. The Lebanese authorities oppose the move.

The dispute comes against the background of the stalled negotiations on the Financial Discrepancies Law, especially how the banks and Bank Du Livan will be evaluated and how financial losses will be distributed.