BVAL

[BVAL @B_V_A_L]

@AndyKhalil1 @HuseinNourdin One of the many mistakes of BdL was not imposing a min loan / deposit ratio on banks. Removed any incentive to lend to the real economy...

[BVAL @B_V_A_L]

@AzarsTweets Lebanon has been shut out from financial markets since 2016. All their EB since then were privately placed with BdL and local banks. Ecuador defaulted and restructured on almost every bond (ever) and still have access

[BVAL @B_V_A_L]

@AlainBifani @lebfinance @CounterLeb @Skazzi @khourixx @AzarsTweets @CynthiaKr @Mohdfaour89 @AdibChristian @dgheim @LIFE_Lebanon @KullunaIrada @HuseinNourdin @Nasser_Saidi @dan_azzi @loubnanouna1 @benredd @EHSANI22 Where are the reconstructed budgets since 1993 that you said were done? What are you still hiding? How big is the real deficit and who took the money?

[BVAL @B_V_A_L]

@lebfinance @AzarsTweets @camilleasleiman @Nasser_Saidi @loubnanouna1 True. Can always pay the full march and restructure the rest

[BVAL @B_V_A_L]

@lebfinance @AzarsTweets @camilleasleiman @Nasser_Saidi @loubnanouna1 It depends on what bonds they own. If you assume that the $3bn issued in nov is still almost all with the BdL then 20% impact of not being able to vote drops.Other way works too. If int investors find out what bonds the BdL owns...they will want to buy them

[BVAL @B_V_A_L]

@AzarsTweets @BDL_Lebanon You can move the gold to the Bank for International Settlements (BIS) in switzerland and get an extra layer of sovereign immunity which makes it almost impossible to reach

[BVAL @B_V_A_L]

@AndyKhalil1 @AzarsTweets @lebfinance @nafezouk @dan_azzi @HuseinNourdin @CounterLeb @Mohdfaour89 @EHSANI22 Gold can be pledged to create a new trade bank that makes sure vital imports are financed away from the current banking system. Something similar was done in Iraq.https://t.co/D1yG6BYs13