Lebanon’s Central Bank issued on Wednesday a statement, in which it reiterated its call on the government to approve a plan to rationalize subsidies, adding that this leads to the protection of the most deprived families and puts an end to the rampant smuggling at the expense of the Lebanese people.
The Bank stressed that it will not use the mandatory reserve, and that the payments currently being made are from outside the mandatory reserve.
Source: Al-Manar English Website