BDL issued a new circular today where it allowed transfers abroad for students for a maximum amount of $10,000 on two conditions:
– The transfer has to be done from a dollar account.
– The student had to be enrolled in a university in 2019 or earlier to be eligible.

The amounts are expected to cover the tuition and cost of living of Lebanese students abroad.

It is not clear why you cannot transfer from LBP accounts, and why it’s only for students enrolled in 2019. What happens to students who got accepted in foreign universities this year? They skip school because Riad Salameh said so?