Get all your news in one place.
100's of premium titles.
One app.
Start reading
France 24
France 24
Business

Lebanese hospitals suffer shortages as central bank tightens withdrawal rules

BUSINESS DAILY © FRANCE 24

Lebanon's central bank has tightened controls on withdrawals from dollar accounts by suspending a special exchange rate that aimed to ease a foreign currency shortage. The move wiped more than half the value off dollar deposits in Lebanese banks. The country's hospitals are also suffering from the dollar shortage, as the state cannot pay for imported medicines. A political deadlock has exacerbated the crisis, which the World Bank has described as among the worst the world has seen in 150 years.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.