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3. Fadi Khalaf: Lebanon Is on the Path to Economic Restructuring

The Secretary General of the Association of Banks in Lebanon, Fadi Khalaf, stated that the country is beginning to return to the path of economic recovery, considering the return of the Union of Arab Banks to Lebanon as a promising sign of hope.

However, he warned that the Lebanese State’s failure to comply with the conditions set by Arab countries for investing in Lebanon could hinder this momentum.

Khalaf made these remarks to This Is Beirut, on the sidelines of the annual conference of the Union of Arab Banks, held at the Phoenicia Hotel in Beirut, under the theme: “Investing in Reconstruction and the Role of Banks.