What’s more important for Lebanon: Subsidies or a new government? ...Egypt

As the country’s financial crisis continues, Lebanon’s central bank has warned it could run out of money to pay subsidies on basic goods by early 2021. If this happens, observers, including the United Nations and local NGOs, have warned of disaster. They say if authorities do stop subsidizing certain goods — especially flour, fuel, and medication — prices will rise massively, potentially leaving over three-quarters of Lebanese living in poverty. Beirut bakery owner, Mona Mallah, is only too aware of what could happen if subsidies go. Her business is already suffering because the price of flour has risen during the country’s ongoing financial and political crisis, the pandemic and the lasting

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