How will the restrictions imposed by banks affect the salaries?

Hoda Chedid Author: Hoda Chedid
Breaking Headlines
23-11-2019 | 14:39
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How will the restrictions imposed by banks affect the salaries?
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How will the restrictions imposed by banks affect the salaries?

The banks have been imposing restrictions on the operations of the citizens in order to limit the transfer of funds abroad. But these measures have also affected the people’s salaries.

 

Under the restrictions, if you get paid in Lebanese pounds, you can withdraw your money up to 1.5 million LBP per day.

 

But if your salary was in US dollar, you cannot withdraw any money in US dollar from the ATM, and if you go the counter, they will give it you half in US dollar and half in Lebanese pounds.

 
 

For more details, watch the full report in the video above

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Lebanon

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