Can new central bank chief kick off Lebanon’s long-awaited economic transformation? ...Saudi Arabia

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Can new central bank chief kick off Lebanon’s long-awaited economic transformation?
source : ARAB NEWS ( Saudi Arabia ) () 20
BEIRUT: Wassim Mansouri, the first vice governor of Banque du Liban, Lebanon’s central bank, assumed the responsibilities of former governor Riad Salameh on Monday, ushering in a period of cautious optimism and sparking hopes of a belated return to fiscal responsibility. Amid the worst financial crisis in the country’s history, made worse by years of asset stripping by the nation’s political elite, Mansouri faces the daunting task of restoring the credibility of the long-abused central bank.

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