$1 billion in stimulus By Central Bank in 2016. To boost credit and channel excess liquidity into the economy

Governor Riad Salameh said the Central Bank (BDL) would issue a new economic stimulus package in 2016 worth around $1 billion, because the political and security situation in the region is hampering the country's ability to generate growth.

"This amount could be increased if needed, Salameh said. "We need to stimulate credit because the growth in credit this year is low. There is excess liquidity and we need to channel it into the economy," he said.

Credit was growing at a rate of ...

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