The website of the Ruler of the Bank of Lebanon is gaining great importance at this stage


Representative Ghassan Hasbani considered today, Tuesday, that “the position of the ruler of the Bank of Lebanon is gaining great importance, especially in this precise stage of the transformation that occurs in Lebanon, especially since the ruler has a fundamental role in negotiating with the Monetary Fund and restructuring the banking sector and the Bank of Lebanon, and developing plans for economic recovery And critical and financial.









He added in an interview with “The Independent Arab”: “Historically, the ruler of the Bank of Lebanon had negative and positive effects on the financial, economic and political country situation in general. Gold for years of positive points recorded for the governance of the central bank. On the other hand, the financial engineering and support policy that were implemented had a very negative impact.

Hasbani explained that “the way the ruler of the Bank of Lebanon with the political authority greatly affects performance, especially with regard to preserving the complete independence of the institution from the political authority, and adhering to the procedural relationship only described in the law of cash and credit, and therefore the governor of the central bank must also be independent and estimated On facing a political class, its interests may sometimes mix with the banking sector, which the central bank oversees its organization.

He considered that “the specifications that help in the success of the work of the ruler are knowledge in economic policy, the management of criticism and experience in public and organizational administration and knowledge in public finances and how to deal with the government or government organizations, and work in managing an institution related to public affairs, and in addition to technical and administrative experience.”

He added: “It is also important to show someone who will take this position with high credibility and good reputation, and that he does not have any conflict of political or financial interests or favoritism that affects his work.”


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