A year after the dramatic explosion in the port of Beirut, the economic situation of the land of the cedar continues to deteriorate alarmingly, not really helped by political inaction and corruption. Review of figures illustrating the scale of the crisis.

It is one of the three worst crises globally for 150 years, according to the World Bank. The economic and financial degradation in Lebanon for nearly two years, amplified by the tragic explosion, just a year ago, in the port of Beirut, and the health crisis linked to Covid-19, has thrown the country into a more difficult situation. that alarming.

A dramatic collapse attributed to corruption, “political inaction and the absence of a fully operational executive”, the country having been without a government for nearly a year, denounced the World Bank in a report published in early June. . And the future is just as worrying. With a forecast of contraction of the Lebanese economy of nearly 10% in 2021 – after a contraction of 25% in 2020 – there is “no clear turning point in sight”, worries the organization. Here are the figures that illustrate the scale of the situation.

Ref: https://www.lesechos.fr