Lebanon

The Living Crisis Races Against Political Settlement

The Living Crisis Races Against Political Settlement

Amidst the presidential and living crisis, Minister of Finance Youssef Khalil has set December 1st as the date for adopting the customs dollar at a rate of 15,000 pounds. This could reflect an increase in the exchange rate of the dollar in the black market, which will inevitably lead to a rise in the prices of food and fuel, further increasing the suffering of citizens. Will the political settlement precede any expected social explosion at any moment if the economic crisis worsens? All possibilities remain on the table until then.

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