
Less than two months before the constitutional date that allows for the election of a new president for Lebanon, the severe economic and financial crisis that the country has been witnessing since the fall of 2019 continues to worsen.
The devaluation of the Lebanese currency, which has lost more than 90 percent of its value, is reflected in all aspects of life and is leading to soaring prices and increasing poverty among the Lebanese, the vast majority of whom are still receiving their salaries in Lebanese pounds.