Lebanese C.bank Chief Salameh Says He Will Not Seek New Term

Lebanon's Central Bank Governor Riad Salameh speaks during a news conference at Central Bank in Beirut, Lebanon, November 11, 2019. (Reuters)
Lebanon's Central Bank Governor Riad Salameh speaks during a news conference at Central Bank in Beirut, Lebanon, November 11, 2019. (Reuters)
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Lebanese C.bank Chief Salameh Says He Will Not Seek New Term

Lebanon's Central Bank Governor Riad Salameh speaks during a news conference at Central Bank in Beirut, Lebanon, November 11, 2019. (Reuters)
Lebanon's Central Bank Governor Riad Salameh speaks during a news conference at Central Bank in Beirut, Lebanon, November 11, 2019. (Reuters)

Lebanon's veteran central bank chief Riad Salameh said he would not seek a new term in office once his latest six-year stint at the head of the Banque du Liban ends.

"My decision is that, at the end of the term, it will be a page I turned in my life and I will move to work outside the central bank," Salameh told Saudi Arabia-based Asharq News.

Salameh's term is set to end in July.

Lebanese political sources say that there is not yet consensus around a replacement to Salameh, who has held his post for three-decades and retains the support of some of Lebanon's most powerful politicians, including parliament Speaker Nabih Berri.



Palestinian Prime Minister Says Palestinian Authority Should Run Gaza in Future

Palestinian Prime Minister Muhammed Mustafa and Norwegian Foreign Minister Espen Barth Eide attend a meeting of the Global Alliance for the implementation of the two-State Solution at Oslo City Hall in Oslo, Norway, January 15, 2025. (Heiko Junge/NTB/via Reuters)
Palestinian Prime Minister Muhammed Mustafa and Norwegian Foreign Minister Espen Barth Eide attend a meeting of the Global Alliance for the implementation of the two-State Solution at Oslo City Hall in Oslo, Norway, January 15, 2025. (Heiko Junge/NTB/via Reuters)
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Palestinian Prime Minister Says Palestinian Authority Should Run Gaza in Future

Palestinian Prime Minister Muhammed Mustafa and Norwegian Foreign Minister Espen Barth Eide attend a meeting of the Global Alliance for the implementation of the two-State Solution at Oslo City Hall in Oslo, Norway, January 15, 2025. (Heiko Junge/NTB/via Reuters)
Palestinian Prime Minister Muhammed Mustafa and Norwegian Foreign Minister Espen Barth Eide attend a meeting of the Global Alliance for the implementation of the two-State Solution at Oslo City Hall in Oslo, Norway, January 15, 2025. (Heiko Junge/NTB/via Reuters)

Palestinian Prime Minister Mohammad Mustafa said it “will not be acceptable” for any entity other than the Palestinian Authority to run the Gaza Strip in the future.

Mustafa made the comments on Wednesday as he visited Norway, one of three European countries that formally recognized a Palestinian state in May.

Hamas seized power in Gaza in 2007, confining the Palestinian Authority’s limited self-rule to parts of the Israeli-occupied West Bank. The US has called for a revitalized Palestinian Authority to govern both the West Bank and Gaza ahead of eventual statehood, which the Israeli government opposes.

“While we’re waiting for the ceasefire, it’s important to stress that it will not be acceptable for any entity to govern Gaza Strip but the legitimate Palestinian leadership and the government of the State of Palestine," Mustafa said.

He added that “any attempt to consolidate the separation between the West Bank and the Gaza Strip, or creating transitional entities, will be rejected.”

Mustafa stressed that “we should not leave Gaza to vacuum ... We are the government of Palestine, ready to hold our responsibilities in the Gaza Strip as we did before.”