Lebanon Following in Venezuela's Footsteps

Amid continuous fluctuations in the exchange rate of the dollar, which has exceeded 40,000 Lebanese pounds, the prices of goods continue to rise drastically based on a rate of 45,000 pounds per dollar, particularly in supermarkets and shops without any restraint. Additionally, the prices of petroleum products have soared beyond reasonable limits, alongside meager salaries, alarming unemployment rates, and widespread collapses. Experts predict worsening conditions in the coming months, agreeing that we are heading towards significant inflation and are on a path similar to that of Venezuela.