AUB Will Secure $100 Million To Provide More For Its Staff

The 961

The American University of Beirut is planning to secure $100 million from its funds abroad to assist its staff during financial struggles in Lebanon, announced AUB President Fadlo Khuri.

Currently, AUB’s staff is being paid at the official rate (1,500 LBP) in Lebanese pounds, but bringing cash from abroad will enable the university to provide more for its staff as the local currency collapses.
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