Explainer: Is there hope for an IMF deal after Riad Salameh? ...Kuwait

News by : (The New Arab) -
Riad Salameh, the governor of Lebanon's Central Bank (BDL) for the last 30 years, is set to leave on Monday, 31 July, prompting questions about his successor and their willingness to engage in financial reform. Salameh, once seen as a "financial mastermind", is now wanted by Interpol and is under investigation in several European countries for money laundering and embezzling – charges which he denies. On Monday, Lebanon's caretaker Prime Minister Najib Mikati convened BDL's four vice governors, the Ministers of Finance, and the Deputy PM to prepare for the end of Salameh's term. The meeting did not result in the naming of a successor nor any notable policy announcemen

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