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Lebanon Debate
Expansion of circulars 166 and 158 continues
The Central Bank of Lebanon extended the validity of Circulars No. 158 and 166 until June 30, 2027, thereby expanding the beneficiaries of cash support and banking services. Those who previously received $1,000 monthly will continue to get $800 in cash and $200 via a payment card, while those receiving $500 will continue to receive $400 in cash and $100 through electronic payment methods. The extension is contingent upon the payment of taxes due on "foreign currency exchange" operations and the verification of beneficiaries' entitlements, with banking reforms being essential to strengthen economic stability.
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