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Qatar shows commitment to Lebanon financial stability: finance minister

EconomyJun 30, 2019 08:20AM ET
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© Reuters. Lebanese Finance Minister Ali Hassan Khalil attends a cabinet meeting at the government palace in Beirut

BEIRUT (Reuters) - The Lebanese finance minister said on Sunday that Qatar's position on purchasing Lebanese government bonds was serious and showed a commitment to the country's financial stability.

A Qatari government official said earlier that Qatar had bought some Lebanese government bonds as part of a $500 investment in the Lebanese economy.

"The Qatari talk is serious and expresses a commitment to the promise that was previously made to support financial stability in Lebanon," Finance Minister Ali Hassan Khalil told Reuters.

"It will have a positive effect on the markets and we are following up contacts with Qatari officials for this purpose."

Qatar shows commitment to Lebanon financial stability: finance minister
 

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Zaher el siddik
Zaher el siddik Jun 30, 2019 11:56AM ET
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