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Lebanon: Traders Struggle As Banks Impose Credit Controls
November 6th, 2019 - 07:15 GMT

Lebanon: Traders Struggle As Banks Impose Credit Controls

Lebanese traders are struggling to pay for imports of everything from pasta to nappies as banks impose restrictions on lines of credit in response to concerns about tighter liquidity after weeks of street demonstrations. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-a…","video_id":"a06ff7b5-e051-482b-ae88-2aba2a9cea1d","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Arab Countries in terms of Ease of Doing Business 2019"} Huge anti-government protests have led to the resignation of Prime Minister Saad Hariri and heaped pressure on an economy facing its sternest test since ...
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