Regarding the strikes occurring in Lebanon, the rise of the dollar, and its impact on living and economic conditions, financial and economic expert Antoine Farah pointed out that all daily life indicators in Lebanon suggest that the state is in a state of decay and disintegration, with no signs of governance present, describing the situation as a disaster.
In an interview with the electronic newspaper "Anbaa," he stated, "The problems expected in the future are far more difficult than the issues we are currently enduring, and we have seen problems moving from sector to sector, and we will continue in this manner." He added, "Currently, the strike of Ogero employees is a threat to telephone communications and the internet, and we understand what this means, considering Lebanon's reliance on a knowledge-based economy and the internet." He viewed the assault on this sector as a danger to all companies and the knowledge economy that has become significantly large and prominent.
He continued, "On another front, we are witnessing the lifting of subsidies on gasoline, which has taken effect permanently alongside the ongoing rise in dollar prices, which means that the price of a gasoline tank could reach 700,000 Lebanese pounds post-subsidy. This will make life even more difficult, as well as the price of diesel fuel, with discussions about its impending increase and the possibility of shortages—Lebanon will be the weakest link, and certainly winter will be challenging. Furthermore, the situation regarding water is dire, and even bread subsidies will soon be lifted, which may lead to an additional increase in the price of a loaf of bread."
Are there any issues bigger than these successive crises that strip the Lebanese citizen of any means of resilience? However, those in charge of this country and managing the crisis seem preoccupied with their own interests and ambitions.
