Lebanon’s interim central bank chief vows not to lend money to government

Lebanon’s interim central bank governor called on the country’s ruling class Friday to quickly implement economic and financial reforms warning that the central bank won't offer loans to the state and does not plan on printing money to cover the huge budget deficit to avoid worsening inflation. Wassim Mansouri’s comments came nearly a month after he took over the leadership at the central bank after the term of his predecessor, Riad Salameh, ended on July 31. Lebanon is in the grips of the worst economic and financial crisis in its modern history.