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Lebanon

Parliament Still Not in Session

11 November 2019

First public statement by Speaker of Parliament Nabih Berri since the beginning of the protests in which he postpones the parliamentary session scheduled for November 12th by one week. The purpose of this session was voting on a general amnesty. Protesters had announced new roadblocks to keep MPs from attending the session. Central Bank Governor Riad Salamé dismisses intentions of implementing a haircut on customer’s deposits and ensures the Central Bank’s ability and willingness to maintain the currency peg to the USD. In his third public address, General Secretary Hassan Nasrallah calls for measures to fight corruption and strengthen the economy, while maintaining his opposition to the protests. Bank employees in open strike.

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