Lebanon PM says 98% of depositors to be unaffected by economic rescue plan

BEIRUT, April 16 (Reuters) – Lebanese Prime Minister Hassan Diab said on Thursday that 98% of the country’s depositors will not be affected by an economic rescue plan, the draft of which included a proposal to fund some losses with a contribution from deposits.

“I can announce today that the percentage of those who will be unaffected will be not less than 98 percent of depositors,” Diab said in a televised address.

Reporting by Laila Bassam, Ellen Francis, Eric Knecht, Editing
by Franklin Paul