The Lebanese Ministry of Finance announced that it has completed the transfer of public sector salaries and retiree pensions to Banque du Liban. Lebanon Debate, An-Nahar and Tripoli News Network (TNN) reported the announcement.
According to An-Nahar and TNN, the announcement came in a statement issued by the ministry on Thursday. According to the announcement, the transfer covers salaries of all personnel in the military agencies.
According to the ministry, the transferred funds are now available to beneficiaries, and each of them can collect their salary or pension through the private bank they deal with.
TNN published the text of the statement, which reads: “Salaries of public sector employees and retiree pensions, as well as salaries of all personnel in the military agencies, have been transferred to Banque du Liban and are now available to those concerned through their respective private banks.”
No information has yet been released on the total amount of the salaries and pensions transferred. It is also not clear whether the transfer includes any additional entitlements or arrears.