Posted By
Najib
Apr 04, 2020 06:01
Leave it to the BDL geniuses to figure out new ways to screw us over while pretending to "facilitate" cash withdrawals for people. It took me a couple of hours today to understand the latest circular they issued, and it translates to the following: - The memo concerns approximately 1.6 million account holders in Lebanon having less than LL5,000,000 Or $3,000 in their accounts. - Those who have more than $3,000 will still be forced…
Posted By
Najib
Apr 04, 2020 04:52
Lebanon's Energy Minister tweeted today that the government has decided to go ahead with the construction of a controversial dam in the Bisri Valley. The same government that just defaulted on its foreign debt, that couldn't allocate more than $12M dollars to help poor families, that doesn't have enough liquidity to buy fuel or finance building new power plants, wants to add to its debt a $620M loan from the World Bank. Talk about priorities!…
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