Central Bank Governor Riad Salameh attends a ceremony "Celebrating Banque du Liban after Half a Century" in Beirut, Tuesday, June 10, 2014. (The Daily Star/Mahmoud Kheir)
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Central Bank Governor Riad Salameh said Lebanon would settle all its outstanding dues this year, including its $800 million debt that matures end of June.Salameh reiterated that the Central Bank would protect the economy's stability and overcome the recent crisis.Joseph Torbey, chairman of the World Union of Arab Bankers, hailed the efforts of the Central Bank to protect monetary policies.He stressed that the Lebanese banking sector had become very stable since Salameh took office 20 years ago. At the end of the ceremony, the First Protocol heads presented Salameh with a gold-plated shield to mark the BDL's 50th anniversary as well as his 20 years with the bank.
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