UN urges crisis-hit Lebanon to ‘change course’ ...Saudi Arabia

Wed, 2022-05-11 11:50 BEIRUT: Lebanon’s government and central bank are responsible for an unprecedented financial crisis that has impoverished the majority of the population, the UN said Wednesday. The report, drafted by the UN’s special rapporteur on extreme poverty and human rights, said that the crisis was “manufactured” by failed government policies and it urged the country to “change course,” days ahead of parliamentary elections scheduled for May 15. Since 2019, Lebanon’s currency has lost more than 90 percent of its value against the dollar, prices have risen by more than 200 percent and the poverty rate has shot beyond 80 percent of the population. “The misery inflicted on th

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Last updated : 11 May 2022 clock 12:28 PM

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UN urges crisis-hit Lebanon to ‘change course’ ...Saudi Arabia

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