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Lebanon: the French initiative at an impasse

2020-12-02T05:08:35.668Z


Paris and the UN are organizing a videoconference at the level of Heads of State on Wednesday to come to the aid of the Cedar Country, which is sinking into an unprecedented economic and institutional crisis.


In Beirut

France and the United Nations are organizing a videoconference on Wednesday at the level of heads of state to reaffirm international support for the Lebanese “people”.

The promised aid, which amounts to hundreds of millions of dollars, is all the more important as Lebanon continues to sink into an unprecedented crisis, as a result of the collapse of its financial and monetary system, the Covid-19 pandemic and the August 4 explosion in the port of Beirut.

In a report released this week, the World Bank reports a cumulative contraction of GDP of 26% in 2019 and 2020. And predicts that this crisis will be

"

both more severe and longer than most economic crises

"

of the planet due to the

“deliberate”

lack

of reaction from the public authorities, more than a year after the outbreak of the crisis last fall, unprecedented.

The demonstration of international solidarity orchestrated by Emmanuel Macron also stumbles on the absence

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Source: lefigaro

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