Lebanon's politics might be in a mess but the country's central bank is determined to maintain the country's financial stability, its governor told CNBC, and to make sure U.S. sanctions are implemented against the supporters of militant political group Hezbollah,
Speaking to CNBC in Beirut, Central Bank Governor Riad Salameh said that his central bank was battling to maintain monetary stability amid political divisions within the country – which has not had a president for over two years – and wider unrest in the Middle East. Lebanon has also had to contend with a massive influx of 1.1 million refugees from war-torn Syria – a huge burden on a country with just 4.4 million inhabitants.
"The problem is that we have a deadlock and it seems that the Lebanese political class can't solve it. Usually they rely on external intervention but obviously there is also deadlock on the level of the region and the only interest of the international community in Lebanon is that Lebanon is receiving Syrians and to make sure that those Syrians are kept in Lebanon and not thrown out," Salameh said.