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Washington pressures Hezbollah finances in Lebanon

Washington pressures Hezbollah finances in Lebanon

The article discussed how American pressure on Lebanon extends beyond the issue of Hizbullah's weapons and includes the financial sector. Lebanese Prime Minister Nohad Machnouk and Minister of Finance Yazen Jaber visited Washington to examine the ability of the Lebanese state and Banque du Liban to prevent the use of the financial system to fund Iran and Hizbullah's activities. The meeting focused on expanding oversight of the financial system, particularly concerning money transfer companies and the cash economy, with the aim of disrupting illicit financing. No specific deadlines were set, but it is expected that the regulatory measures will significantly impact financial institutions in the upcoming period. The article expresses Lebanon's concern that financial control may become intertwined with the political and security tensions related to Hizbullah's weapons. Meanwhile, American pressure continues to target Lebanon to reduce Hizbullah’s capacity to fund itself, which presents challenges to implementing financial reforms. These measures are not perceived solely as targeting the party but are seen within the broader context of concurrent political and security pressure.

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