Lebanon’s Central Bank Governor Defends System That Bankrupted the Nation
January 13, 2026
They drained the country, froze people’s life savings, erased a generation’s future, and now they’re asking Lebanon to accept the same system without accountability, without justice, without shame. This is not a defense of stability, it’s a defense of power.
At a press conference covered by Megaphone, Karim Souaid defended the post-2019 financial framework, rejected responsibility for the banking collapse, and framed losses as an unavoidable “systemic crisis” rather than the result of policy decisions. He avoided direct answers on accountability, depositors’ funds, and the role of banks and the central bank in engineering the crash, instead doubling down on continuity, technical language, and gradual solutions.
For millions of Lebanese who lost their savings, it sounded less like reform and more like the same system explaining itself again.
Where is the outrage?
@megaphonenews
#Lebanese #BDL #lebanon #fyp #freepalestine
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