VOL. XXXVII

NO. 8

22-NOVEMBER-1993

Financial and Banking News

Budget & Revenues

Salamah Optimistic About Lebanon's Regional Financial Role

The Governor ofthe Central Bank of Lebanon, Dr. Riad Salamah, is optimistic about theresurgence of Lebanon as a regional financial center. In an interview withReuters Television on 16 November, Dr. Salamah said that nearly half the $7bnwhich fled Lebanon during the 1975-90 civil war had returned, and disclosed thattotal deposits in the banking sector...