Lebanon crisis among worst three crises worldwide: World Bank – Roya News English
Lebanon crisis among worst three crises worldwide: World Bank – Roya News English
Monday, the crisis Lebanon is going through is the worst in its history and one of the worst three crises in the world according to the description of the Regional Director for the Middle East at the World Bank, Saroj Kumar Gah.
This came during his participation in a ‘Lebanon Reform, Recovery & Reconstruction Framework’ meeting, chaired by the Lebanese Prime Minister Najib Mikati, and in joint coordination between the United Nations, the European Union and the World Bank in Beirut.
He said that for two years, Lebanon has been suffering from the worst economic crisis since the end of the civil war (1975-1990) which led to a financial collapse, as well as great losses incurred by the banking system, estimated by the government at about $69 billion.
Select Sector 
Select Country 
