Lebanese central bank urged to allow more cash withdrawals
Depositors unable to draw on savings as war with Israel continues
A group of economists and public policy professionals in Lebanon has called on the country’s central bank to allow the withdrawal of more cash for emergency purposes while the war with Israel is underway.
In a paper on the effects of the war on the Lebanese economy, the group, the Independent Task Force for Lebanon, says a continuation of the war with Israel would cost Lebanon at least $20 billion. It calls for an immediate cessation of hostilities.
The task force says the Central Bank of Lebanon
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