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E-Lira: Financial innovation or optical illusion

Hannah McCarthy- The Central Bank is preparing a Lebanese digital currency project during the year 2021 that will help implement a cashless system which allows moving money locally and abroad, Central Bank Gov. Riad Salameh said at a meeting last month with the Lebanese Depositor’s Association. What precisely a “Lebanese digital currency project” entails remains unclear and, as of yet, there has been no debate on the subject in the Lebanese Parliament.
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