World Bank: 40 Percent Of Lebanese Live In Poverty

World Bank: 40 Percent Of Lebanese Live In Poverty

The Ministry of Social Affairs in Lebanon estimates that 20 percent of the people who suffer from extreme poverty currently live below 4 dollars a day, compared to 8 percent in 2019.. Dr. Esmat said: "If this is the case of the Bekaa, then the situation in North Lebanon is much worse because extreme poverty we see in this region.". Zuhair Berro, head of the Consumer Protection Association, told Arab News that the current crisis in Lebanon is "unprecedented, especially that prices have increased by 40 percent in the last three months.". Esmat said: "The World Bank is negotiating with the Lebanese government to provide it with loans dedicated to social safety nets.".