So in case you didn’t Lebanon has about 5 or 6 totally different alternate charges for the Greenback – 1500 Liras, 8000. 1200, the sayrafa thingy, the black market, and never even positive what else. So principally you pay in another way and get a distinct alternate relying the place you’re and what you’re doing. This clearly is including gas to the hearth of the financial chaos the nation is experiencing.
Lebanese Non-public Sector Community, has made a really succinct advert however that truly makes a lot sense as to why the alternate charge needs to be unified.
To start with it stabilizes the costs of merchandise (and belief me, when you have not gone looking for – something – in Lebanon you would not know what I imply! Our native grocery retailer doesn’t even hassle to vary the worth of the objects on the cabinets, what he does is that he alters them after printing the invoice so that you just pay the distinction).
It offers confidence within the forex of the land (does the Lira want it? You wager it does!)
It helps in creating the nation and creating the productive sectors (a lot for rentier financial system and lack of funding and dwelling on fictional rates of interest which turned out to be a Ponzi scheme).
Briefly, the Lebanese Non-public Sector Community is appropriate in what it proposes. And why it’s proposing it.
