A decision by Lebanon’s national airline to only accept dollars caused widespread anger and had to be quickly reversed
FILE PHOTO: Lebanese Prime Minister Hassan Diab, presents his government's policy statement to parliament during a session for a vote of confidence in Beirut, Lebanon February 11, 2020.
Middle East Airlines’ announcement caused a furor, with dozens of Lebanese travellers queuing up at the airport on Sunday at the airline’s only open office to buy tickets before the new rule went into effect. "At the request of Prime Minister Hassan Diab, the management of MEA has decided to cancel its decision to sell tickets only in dollars tickets," said a statement published by local media, AFPOn Wednesday February 12, Lebanon formally requested the International Monetary Fund’s technical help in shoring up its economy, a move that a senior government source said would include the fund’s aid in drafting a plan to avert financial collapse, ReutersIn a Capital Economics article titled...
In a report from April 2019, The World Bank saw the effect of the Syrian War as one of the main issues facing Lebanon. Referring to government and independent sources, the World Bank noted that there are now up to 1.5 million Syrian refugees living in Lebanon, a small country with a population of about six million.
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