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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Lebanon’s Finance Minister Says Difficult to Replace C. Bank Head Salameh

A protester throws a brick at a bank after setting fire to tires during a demonstration in Beirut on February 16, 2023. (AFP)

Lebanese Finance Minister Youssef Khalil said replacing central bank governor Riad Salameh, who has held the job for three decades, would be difficult and that his term may be extended though no consensus has yet been reached.

Salameh, who is being investigated by European and Lebanese prosecutors for alleged embezzlement of hundreds of millions of dollars in public funds, an accusation he denies, said last week he would not seek a new term. His latest six-year stint ends in July.

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