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What’s next for Lebanon’s crisis-hit economy?
[ENGLISH.ALARABIYA.NET] Leb is facing a combined political and economic crisis that has led to widespread bank closures, and semi-official capital controls limiting the amount of cash that individuals and businesses can access.A sharp rise in demand for cash and a perilous drop in the value of the lira on the black market have also added to the country’s pressures. But the country’s economic fallout has been a long time in the making. Below we take an in-depth look at the origins of the crisis: Posted by: Fred 2019-11-29 |
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