Lebanon is grappling with a severe economic crisis that has seen poverty rates more than triple over the past decade, according to the World Bank. The crisis, which began in late 2019, has plunged a third of the Lebanese population into poverty, with rural areas experiencing poverty rates as high as 62%. The situation is even more dire for the Syrian refugee population in Lebanon, where nine out of every ten are living below the poverty line. This alarming increase in poverty underscores the depth of Lebanon's financial meltdown and the urgent need for comprehensive economic reforms.
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Poverty in Lebanon tripled to 44%, as high as 62% in rural areas: World Bank
https://al-monitor.com/originals/poverty-lebanon-tripled-44-high…
In a recent report, the World Bank revealed a three-fold increase in poverty rates in Lebanon, which is hard hit by an economic crisis and financial meltdown, with nine out of every 10 Syrians displaced in the country living under the poverty line.
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One out of three Lebanese poverty-stricken: World Bank
https://newarab.com/news/one-out-three-lebanese-poverty-stricken…
A third of Lebanese people are living in poverty as a result of the unprecedented economic crisis which begun in late 2019, the World Bank has said.
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