In addition to the economic crisis, Lebanon is also facing a major political crisis. There is no government in the country since August 2020. There were widespread protests in the country’s southern port city of Sidon and in the second largest city of Tripoli.
Beirut. Lebanon Several protesters and 10 soldiers were injured in clashes between people demonstrating on the streets and security forces over deteriorating economic conditions and deteriorating living standards. A large number of security forces were deployed outside top government institutions in view of the protests. Lebanon is facing the worst economic situation for the last 20 months, which led to protests across the country on Saturday. According to the World Bank, the current economic situation in Lebanon is one of the worst the world has seen in the last 150 years.
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In addition to the economic crisis, Lebanon is also facing a major political crisis. There is no government in the country since August 2020. There were widespread protests in the country’s southern port city of Sidon and in the second largest city of Tripoli. Apart from this, demonstrations were also held in many places in the capital Beirut. Lebanon is grappling with acute shortages of vital products, including fuel, medicines and medical supplies, which have angered the general public. The Lebanese currency has also hit a record low. The situation is that the value of 18,000 pounds of Lebanon has remained equal to one US dollar. The country’s military said motorcycle-borne protesters hurled grenades at security forces in Tripoli, injuring nine soldiers and another soldier being stoned.
Protesters also attacked several government institutions. The situation in Lebanon is not expected to improve any time soon as a political standoff between President Michel Aoun and prime ministerial nominee Saad Hariri has stalled the formation of a government since last October. At the same time, talks with the International Monetary Fund on the economic crisis have also been postponed since last year. Thousands of people have been unemployed in Lebanon since 2019, and in a country of six million people, more than half of the population is below the poverty line.
Disclaimer:Prabhasakshi has not edited this news. This news has been published from PTI-language feed.