ReferIndia News Lebanon's Path to Financial Recovery: Ambitious Draft Law Unveiled

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Lebanon's Path to Financial Recovery: Ambitious Draft Law Unveiled

Published on: Dec. 20, 2025, 3:38 a.m. | Source: Devdiscourse

Lebanon introduces a draft law to mitigate its prolonged financial crisis in alignment with IMF standards. The proposal aims to address funding gaps and aid depositors recovering savings. It requires parliament's approval and includes asset-backed securities for larger deposits and a repatriation clause for funds transferred abroad.

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