Prime Minister Nawaf Salam surrounded by the ambassadors of the Quintet countries (France, Saudi Arabia, Qatar, United States, and Egypt), at the Grand Serail, Jan. 12, 2026. (Credit: Photo taken from the Grand Serail’s X account)
Adopted by a 13 to nine vote in Cabinet on Dec. 26, the draft law on restoring financial order and returning deposits has since come under heavy fire from the banking sector, many political parties ranging from the Lebanese Forces (LF) to Hezbollah, as well as the depositors’ associations and some reformist voices who say the text falls short.The question now is whether it will once again hit a wall in Parliament, as did earlier plans in 2020 and 2022.In Cabinet, however, the mood is one of resolve mixed with optimism. Officials note that similar headwinds did not prevent the government from finalizing the text by the promised end of 2025 and stress that circumstances have shifted. More on the dynamics Financial gap law: Option to reimburse depositors with Lebanon's gold reserves on the table “The context has changed radically,” a...
Adopted by a 13 to nine vote in Cabinet on Dec. 26, the draft law on restoring financial order and returning deposits has since come under heavy fire from the banking sector, many political parties ranging from the Lebanese Forces (LF) to Hezbollah, as well as the depositors’ associations and some reformist voices who say the text falls short.The question now is whether it will once again hit a wall in Parliament, as did earlier plans in 2020 and 2022.In Cabinet, however, the mood is one of resolve mixed with optimism. Officials note that similar headwinds did not prevent the government from finalizing the text by the promised end of 2025 and stress that circumstances have shifted. More on the dynamics Financial gap law: Option to reimburse depositors with Lebanon's gold reserves on the table “The context has changed...
