Lebanon, most affected country in food price inflation

Lebanon, most affected country in food price inflation

Lebanon was ranked the worst country in the food price inflation Top 10 list, the World Bank said in a report last month.

Domestic food price inflation remains high in almost all low- and middle-income countries, the report said.

It added that the most-affected countries are in Africa, North America, Latin America, South Asia, Europe, and Central Asia.

In a list of ten most-affected countries, Lebanon came first, followed by Zimbabwe.

The report said that "as the economic crisis continues to worsen and food prices increase, food insecurity was expected to affect 1.46 million Lebanese and 800,000 Syrian refugees (42 percent of the total population) by April 2023, according to WFP."

It added that the European Commission has announced that € 60 million will be made available in 2023 as humanitarian aid (i.e., food assistance, cash support, education, and health services) for the most vulnerable populations in Lebanon (both Lebanese nationals and refugees).

The package will also help prepare for disasters and provide emergency response, the report said.