Poverty in Lebanon tripled over a decade, World Bank says

Poverty in Lebanon tripled over a decade, World Bank says

BEIRUT: Poverty in Lebanon tripled over the course of a decade during which the small Mediterranean country slid into a protracted financial crisis, the World Bank said Thursday.

The percentage of people in Lebanon living below the poverty line rose from 12 percent in 2012 to 44 percent in 2022, the bank said in a report based on surveys conducted in five of the country’s eight governorates. Poverty in Lebanon tripled over a decade, World Bank says