President of the World Bank, David Malpass, stressed Wednesday that “we are together to help Lebanon get out of the humanitarian crisis it is experiencing,” adding that “the Lebanese are suffering from an ‘intended collapse’ because the cause of this crisis is the abuse of many previous governments and their ...
Lebanon’s economic collapse is likely to rank among the world’s worst financial crises since the mid-19th century, the World Bank said in a damning report released Tuesday. The report predicts that Lebanon’s economy will shrink by close to 10 percent in 2021 and stresses there is “no clear turning point ...
