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A small terrace in the downtown Beirut area on June 24, 2026. (Credit: Philippe Hage Boutros/L’Orient-Le Jour) Add as preferred on Google Will a new vote be enough to unblock banking reform? By annulling Article 3 of the law of Sept. 10, 2026 amending the law on banking resolution, the Constitutional Council has left open the possibility of resuming the parliamentary process. Its ruling penalizes a procedural irregularity in the vote without settling the substantive dispute.Two options are now taking shape: a new draft law put forward by the government or a bill introduced by MPs. A third would be to wait, allowing upcoming talks with the International Monetary Fund (IMF) to clarify the conditions for a way out.Meetings organized by Banque du Liban (Central Bank, BDL) are scheduled to take place in Paris next week and could involve the Finance Ministry and IMF experts, in addition to the Association of Banks in Lebanon (ABL). These will precede a visit to Beirut by an... You have reached your article limitStay informed about a Middle East in crisis.Subscribe for $0.5/month for the first 3 months. Subscribe now Log in This article is only available to L’Orient Today subscribers. Subscribe now Log in Create a free account to continue reading this article. You’ll also receive The Morning Brief, our must-read daily digest of Middle East news. Opt out anytime Email Address Password Email Address Password I would like to receive special offers from L'Orient Today as well as selections of the best articles. Register By creating an account, you agree to the terms and conditions of use and our privacy policy. Register Or register with: Facebook
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