Banque du Liban has stated that its sole objective, along with that of its governor, is to achieve a set of established priorities: maintaining monetary stability under all circumstances; working toward the return of depositors' funds in accordance with financial regularization laws to restore the health of the banking sector as a key condition for economic growth; and strengthening public finances, including stabilizing the national currency to enable the country to meet all its obligations to citizens and public sector employees.
The bank affirmed in a statement that it is “bound and committed to a single agenda: preserving monetary stability. It has been consistently working with various relevant ministries, particularly the Ministry of Finance, as well as all active stakeholders in the financial sector, to ensure a steady inflow of foreign currency into the country and to maintain the stability of the national exchange rate.
This is carried out within established frameworks and regulations that uphold the disciplined policy adopted by the bank to safeguard funds allocated to depositors and those belonging to the state, while maintaining a sound balance between the two.”