World Bank Reveals: Poverty In Lebanon More Than Tripled Over A Decade

Diana E.

Poverty in Lebanon has more than tripled over the past decade, from 12% in 2012 to 44% in 2022, according to a new World Bank (WB) report.

Based on a recent household survey covering five Lebanese governorates: Akkar, Beirut, Beqaa, North Lebanon, and most of Mount Lebanon, it was revealed that in 2022, one in three Lebanese in these areas was poverty-stricken.

The report, titled “Assessing Poverty and Equity in Lebanon 2024: Overcoming a Prolonged Crisis,” highlights the economic and financial crisis’s impact on households and labor market dynamics.

In response, the report calls for urgent policy interventions, emphasizing the need to enhance social assistance programs, improve targeting mechanisms for the poor, and expand coverage for essential resources like food, healthcare, and education.

Additionally, investing in human capital, facilitating access to affordable public transportation, and fostering entrepreneurship are highlighted as key strategies to build household resilience amidst the crisis.


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