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Through the discussion of the proposed law on cash handle within just the joint committees, the “Democratic Collecting” specified its position on the proposal.
Very first: it is shocking that 3 a long time have handed devoid of a brief and particular approval of the Cash Handle Act, and we remember right here that occasion chief Walid Jumblatt and the Democratic Gathering bloc were the to start with to talk to for this law and no 1 responded to this ask for at the time, and it is a pity that present day discussion of the proposal usually takes spot in response to requests from the International Monetary Fund and not the conviction of lots of officials, forces and blocs, and that any dialogue on this concern does not choose into account the assure legal rights of depositors and the overview of the withdrawal ceiling remains incomplete and has no benefit and is turned down by us.
Second: “It is legitimate that we affirm our passion for what continues to be of the banking method, which is a essential pillar of our economic and economic process, but it is not suitable to present the issue of safeguarding financial institutions from being sued with respect to other rights of depositors to secure their deposits and withdrawals.
3rd: any arrangement with the Global Monetary Fund presupposes:
Approval of the spending budget, and this needs unifying the exchange rate and resolving the issue of the so-known as customs greenback.
Adoption of the financial recovery plan
C – The Banking Solution Regulation that the President of the Republic is required to indication.
Deciding the optimum withdrawal total of $ 1,000 per month, or the equal in Lebanese kilos, is fully unacceptable, unrealistic and rejected.
He concluded: “Procrastination, procrastination and the incapacity to deal with and solve the data files opened in the light of the disaster that the nation is going via, and in the mild of a brief phrase that separates us from the correct to elect the presidency, is no extended Acceptable Plenty of and balanced will not be deemed in the absence of a simple strategy and a crystal clear financial and financial rescue software, and this is a grave sin towards the homeland and the citizen, so they corrected them selves in advance of it was way too late.
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