Full-blown economic crisis will plunge more than quarter of Lebanese below poverty line

Data from the World Bank in 2018 had set the poverty rate at 32 percent and unemployment between 35 and 38 percent.
by Georgi Azar

19 February 2020 | 16:14

Source: by Annahar

  • by Georgi Azar
  • Source: Annahar
  • Last update: 19 February 2020 | 16:14

This picture shows a restaurant in downtown Beirut that recently closed shop a Lebanon faces its most severe economic crisis in decades (Annahar)

BEIRUT: Almost two million people will drop below the poverty line while unemployment skyrockets to above 40 percent, setting the stage for one of the worst economic downturns in Lebanon's...
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