The Consultative Committee (currently not functioning; no members appointed)

A Consultative Committee may be established at the Banque du Liban in accordance with article 35 of the Code of Money and Credit.

The Consultative Committee is composed of six members who, upon proposal by the Minister of Finance in consultation with BDL, are appointed by Decree of the Council of Ministers for a two-year, renewable term. Four members must be respectively experts in banking, trade, industry and agriculture. One of them is to be selected by the Planning Council (currently non-existent), and another must be a university professor of economics of Lebanese nationality.
The Consultative Committee advises the Governor on general issues, including monetary and credit policy. It submits to the Governor, with its own recommendations, studies on the general economic situation, or on regional or sectorial economic issues.