Lebanese hospitals suffer shortages as central bank tightens withdrawal rules

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.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting