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 Betreff des Beitrags: Lebanon economy 'disastrous', appoints billionaire as prime
BeitragVerfasst: Mo 9. Aug 2021, 04:16 
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August 4, 2021 will mark the 1st anniversary of เล่นสล็อต the "Beirut bomb" incident in which 2,750 tons of ammonium nitrate chemical warehouses exploded in Beirut. Lebanon The incident left some 300,000 people homeless, left 211 dead and 6,500 injured. )

As of July 26, 2021, Lebanon has just "New Prime Minister" after the political conflict has left the country without a prime minister for almost a year.

causing the new Prime Minister to take office to face The great "economic crisis" in every way

If you go back to the previous Lebanon was once prosperous. to the point of being compared to “Switzerland” of the Middle East while the capital city Beirut was nicknamed as "East Paris" is booming in finance. and tourism in the region

But after the 1980s, when the civil war Lebanon's economy collapses and signs of Lebanon's financial crisis It's starting to become clearer in 2019.

World Bank stated that Lebanon's financial crisis may now be among the top three worst in the world in nearly 200 years. In the past two years, the Lebanese pound (LBP) has fallen more than 90 percent, unemployment is at a record high. There is almost "nothing to eat" and there is a shortage of everything from medicine, electricity, energy to consumer products.


And there are often power outages across the country. While hospitals and pharmacies lacked almost all kinds of medicines. Cars have to queue for a long time to refuel. There was almost no food left on the food floor even though the prices were too expensive for people to be able to afford. People were so hungry that they protested.

The New York Times reported that the economic figures (GDP) of Lebanon. has shrunk by -40% within two years, from $55 billion in GDP in 2018 to $33 billion in 2020 and likely this year. GDP will shrink by 9.5%, with half of the country's population in poverty.

World Bank stated that The economic numbers are shrinking so much. This usually happens when there are conflicts or wars, but for Lebanon it is a “management mistake” of the government, resulting in a very high budget deficit. causing the country to have enormous public debt This, combined with unsustainable monetary policy, caused banks to go bankrupt. and the currency dropped to a record low

Lebanon's former acting prime minister, Hassan Diab, said the reason Lebanon's so many problems stemmed from "corruption" that is deeply rooted in all sectors of the government. which these problems are too big for the government to be able to face or can be eliminated

And all the problems are getting worse after the Covid-19 outbreak and the bombing in Beirut. after that incident The government took responsibility by resigning. causing the country to have a government in charge There is no authority to issue important policies. and political conflicts prevented the formation of a new government.


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