Lebanese Depositors Will Get Their Money Back, Economy Minister Says

Lebanon's Economy Minister Amer Bisat discusses the impact of US President Donald Trump's tariffs and lower oil prices amid efforts to rebuild the economy. He also comments on efforts to pay back depositors whose funds were used to cover Lebanon's deficits. Bisat, a former BlackRock executive, speaks exclusively from Beirut to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche.

00:00 Impact of Trump tariffs on Lebanese economy; global economy; oil prices
01:25 IMF program; Lebanon's recovery plan; electricity; financial sector reform
03:25 Banking bill: removing secrecy, dealing with financial crises, depositor protection
05:59 Efforts to pay back depositor losses "over time" as part of financial overhaul
08:06 Israel cease fire, security and other priorities for Lebanese economy

--------
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X:   / bloombergtv  
Facebook:   / bloombergtelevision  
Instagram:   / bloombergtv  

Connect with Bloomberg Business on:
X:   / business  
Facebook:   / bloombergbusiness  
Instagram:   / bloombergbusiness  
TikTok: https://www.tiktok.com/@bloombergbusi...
Reddit:   / bloomberg  
LinkedIn:   / bloomberg-news  

More from Bloomberg:
Bloomberg Radio:   / bloombergradio  

Bloomberg Surveillance:   / bsurveillance  
Bloomberg Politics:   / bpolitics  
Bloomberg Originals:   / bbgoriginals  

Watch more on YouTube:
Bloomberg Technology:    / @bloombergtechnology  
Bloomberg Originals:    / @business  
Bloomberg Quicktake:    / @bloombergquicktake  
Bloomberg Espanol:    / @bloomberg_espanol  
Bloomberg Podcasts:    / @bloombergpodcasts