You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Syria-Lebanon-Iran
Cabinet approves capital control law after introducing amendments
2022-03-31
[An Nahar] Cabinet on Wednesday approved the capital control draft law after introducing amendments to it based on the observations of some ministers.

The ministers of Hizbullah
...Party of God, a Leb militia inspired, founded, funded and directed by Iran. Hizbullah refers to itself as The Resistance and purports to defend Leb against Israel, with whom it has started and lost one disastrous war to date, though it did claim victory...
and Amal meanwhile objected to the final format of the draft law in terms of the powers of the committee that will look into withdrawal requests, NBN television said.

Below are some of the amendments approved by Cabinet according to LBCI TV:

- Excluding the economy minister from the committee that will oversee the enforcement of the law, while two economists and a judge will be named as members of the committee

- Reducing the law’s duration from five to two years

- Adding university students who study abroad or their parents to the list of parties allowed to transfer money out of the country

Posted by:Fred

00:00