![Ratification of official capital controls is prerequisite for Lebanon's recovery | Al Arabiya English Ratification of official capital controls is prerequisite for Lebanon's recovery | Al Arabiya English](https://vid.alarabiya.net/images/2017/03/30/56fc1914-b03b-4a34-b8ba-77b0d1325240/56fc1914-b03b-4a34-b8ba-77b0d1325240.jpg?crop=4:3&width=1200)
Ratification of official capital controls is prerequisite for Lebanon's recovery | Al Arabiya English
What does capital control mean for Lebanon today? Sabine Kik explains | Beirut Talks | Dr. Sabine Kik, banking law expert and founder of Juriscale, explains what capital control is and what
![Beirut, Lebanon. 18th Feb, 2022. Depositor protests outside a bank in downtown, Beirut, Lebanon, February 18 2022. Because of Lebanon's financial default, Government and the banks currently apply "Capital Control law" on Beirut, Lebanon. 18th Feb, 2022. Depositor protests outside a bank in downtown, Beirut, Lebanon, February 18 2022. Because of Lebanon's financial default, Government and the banks currently apply "Capital Control law" on](https://c8.alamy.com/comp/2HP4D2H/beirut-lebanon-18th-feb-2022-depositor-protests-outside-a-bank-in-downtown-beirut-lebanon-february-18-2022-because-of-lebanons-financial-default-government-and-the-banks-currently-apply-capital-control-law-on-peoples-accounts-in-lebanese-banks-so-they-cant-withdraw-their-money-or-transfer-it-abroad-anymore-meanwhile-riad-salame-the-chief-of-lebanese-central-bank-is-wanted-by-many-countries-police-including-lebanon-and-luxembourg-photo-by-elisa-gestri-credit-sipa-usaalamy-live-news-2HP4D2H.jpg)