Wanted: Central Bank Chief to Bring Lebanon Back From the Brink
Published on: Thursday 27 July 2023
(Bloomberg) -- Wanted: A central bank governor to help reset a financial system that collapsed under decades of corruption and mismanagement, in a country whose currency is almost worthless and where the banking sector — once a bedrock of stability — faces losses nearly three times the size of the economy. The successful candidate must be able to navigate a complex political maze and has traditionally been a Maronite Christian. Complicating things further, the Shiite militia Hezbollah, designate