Economics
Lebanon Central Bank Plans to Introduce Digital Currency in 2021
The Lebanese central bank in Beirut.
Photographer: Hasan Shaaban/BloombergThis article is for subscribers only.
Lebanon plans to introduce a digital currency next year to restore confidence in the banking sector and transition into a cashless system, GovernorRiad Salameh said.
He also urged banks to begin restructuring, including recapitalization by 20%.