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Inflation squeezes households as Lebanon's economic crisis persists
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France 24
France 24
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France 24
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Lebanon's economic crisis has persisted since 2019, as the renewed war between Israel and Hezbollah derailed the fragile recovery of last year. The World Bank expects the Lebanese economy to contract by 6.4 percent this year, with inflation reaching around 17.5 percent.
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Lebanon's economic crisis has dragged on since 2019. A re-igniting of Israel's war with Hezbollah derailed the weak recovery seen last year. The World Bank now forecasts that the Lebanese economy will shrink by 6.4 percent this year, with inflation expected to reach around 17.5 percent. A growing divide is visible everywhere: in households, in businesses and even in consumer habits. Our correspondents Serge Berberi and Renée Davis report.
Lebanon's economic crisis has dragged on since 2019. A re-igniting of Israel's war with Hezbollah derailed the weak recovery seen last year. The World Bank now forecasts that the Lebanese economy will shrink by 6.4 percent this year, with inflation expected to reach around 17.5 percent. A growing divide is visible everywhere: in households, in businesses and even in consumer habits. Our correspondents Serge Berberi and Renée Davis report.
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Tags:#لبنان#الأزمة الاقتصادية#التضخم#البنك الدولي#حزب الله#الأسر اللبنانية
Source: France 24
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