Saade Chami: The State
can't save all depositors
who lost funds in crisis

Reuters

Lebanon's deputy prime minister Saade Chami said Monday that the government's plan to revive an economy crushed by a three-year financial crisis would not be able to pay back all depositors in full.

Chami is the architect behind a recovery road map that Lebanon's cabinet passed in May and which includes several measures that are required to unlock relief funding from the International Monetary Fund.

FULL STORY