Two letters from the minister of finance to the Bank of Lebanon..

Two letters from the minister of finance to the Bank of Lebanon..

| Tuesday 24 January 2023

The minister of Finance in the caretaker government, Youssef Khalil, sent two letters to the Bank of Lebanon: the first one requested the opening of a documentary credit in favor of VITOL BAHRAIN company, provided that this credit is paid after six months from the US dollar Treasury account opened in the Bank of Lebanon in accordance with Decree No. 10963 dated 18/1/2023. On the second, he requested the extension of the proposed documentary credit in favor of the Iraqi oil marketing company SOMO in implementation of the agreement on the sale of fuel oil between the Lebanese and Iraqi sides.

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