beautifulisraelstore
Jul 21, 20211 min
Lebanon is currently in the grip of the worst economic crisis in its history. There are daily shortages of fuel and electricity, a chronic lack of medical supplies, and an absence of essential medicines in hospitals. Some 77% of Lebanese households are unable to purchase sufficient food. The Lebanese pound has lost 90% of its value over the last two years. Lebanese citizens, meanwhile, are prevented from withdrawing more than $100 per week, as foreign currency reserves grow thin. The situation is reaching a point of no return, with the real possibility of widespread hunger. Lebanon is, today, by all measures a failed and collapsing state.
From an article in the Jerusalem Post
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