Salameh speaks during the conference in Beirut, Thursday, Nov. 23, 2017. (The Daily Star/Hasan Shaaban)
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Prime Minister Saad Hariri reassured Arab bankers and investors meeting in Beirut that the stability of the country will remain one of his top priorities as Central Bank Governor Riad Salameh projected Lebanon's GDP growth at the end of 2017 to reach 2.5 percent.Addressing over 500 Lebanese and Arab bankers at a conference organized by the Union of Arab Banks at the Phoenicia Hotel, Hariri renewed his confidence in Salameh who preserved the national currency. Salameh, who was one of the key speakers at the conference emphasized that the Lebanese banking sector is sound thanks to the directives of Banque du Liban.Salameh added that the Lebanese banking sector has enough reserves to face any economic crisis in the foreseeable future.Salameh also reiterated that BDL will continue to strive to improve the payment systems.
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