Deputy Prime Minister of the Lebanese Government Saadeh al-Shami announced on Monday “the bankruptcy of the state and the Central Bank of Lebanon.” In statements to the Saudi channel al-Arabiya, Saadeh said that the losses would be distributed to the state, the Banque du Liban, banks and depositors. He added that there is no specific percentage in the distribution of losses. “Unfortunately, the state is bankrupt, as is the Banque du Liban and we want to come up with a result, and the loss occurred due to policies for decades, and if we did nothing, the loss would be much greater.” Saadeh continued, “there is a fact that cannot be ignored, and we cannot live in a state of denial, and we can
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