BDL: End of the inventory of gold reserves

BDL: End of the inventory of gold reserves

| Thursday 24 November 2022

The Bank of Lebanon has announced the end of the inventory of its gold reserves (ingots and coins).

An international audit company conducted the verification operation.

This was mandated by the Commissioner for External Affairs of the BDL, in coordination and in agreement with the IMF.

This step, undertaken at the request of the IMF, confirms the transparency of the Central Bank's assets.

After completing the audit process, it became clear to this company that the assets of the BDL treasury in gold (ingots and coins) comply in terms of quantity and quality with the entries in the the accounting records of the BDL.

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