Money in Lebanon

The Documentary Podcast

All banks in Lebanon have been shut indefinitely. They say it is for safety reasons following a string of raids by customers demanding access to their own money. In one incident, a woman armed with a toy gun staged a bank hold-up to pay family medical bills. Although the authorities have condemned the raids, they have drawn widespread public support. Since the 2019 collapse of Lebanon's financial system, 80% of the population is struggling for money. There are water shortages and frequent power cuts. We speak to Ghida who backs the bank raids because, she says, people are desperate. We hear from Elize, a cancer patient who shares her experiences of trying to get the drugs she needs to stay alive. Her doctor, professor Fadi Nasr, reminds us how hospitals in Lebanon used to be the best in the Middle East but they have now run out of basic supplies.