Lebanon is facing one of the worst economic crises in modern history, marked by currency collapse, hyperinflation, and widespread poverty. The Lebanese pound has lost over 90% of its value since 2019, eroding purchasing power and savings. Key sectors like banking, tourism, and real estate have suffered severe declines. The crisis stems from decades of corruption, mismanagement, and reliance on unsustainable financial practices. Basic services like electricity, healthcare, and education are in disarray, leaving much of the population struggling. Despite international aid and reform calls, political gridlock continues to hinder recovery efforts.
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#EconomicCollapse
#Hyperinflation
#LebanesePound
#CorruptionImpact
#PoliticalInstability
#EconomicReforms
#MiddleEastEconomy
#PovertyCrisis
#LebanonRecovery
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