Salameh: Priority for Transfers to Buy Equipment to Combat Virus

W460

Central bank governor Riad Salameh instructed Lebanese banks on Friday to prioritize transfers for the purchase of medical supplies and equipment to combat coronavirus, the National News Agency reported on Friday.

The disease has infected 77 individuals in Lebanon so far according to the health ministry.

On Friday, an employee at the ministry was diagnosed with the virus which the ministry said was "contracted from a relative."

In light of a liquidity crisis, Lebanese banks have imposed a strap on transfers abroad. But Salameh said it was a priority to transfer money for the purchase of protective equipment against the virus.

SourceNaharnet
Comments 2
Thumb canadianleb 13 March 2020, 14:54

This guy will do what he does best buy the equipment at a bargain price and provide it to the ministry of health at an inflated price and he will default on the payment and split the money from the sale to the government with the usual thieves...

Thumb chrisrushlau 13 March 2020, 18:52

I hear the Lebanese Forces have a new line of testing equipment and it's on sale now!