BREAKING NEWS

Lebanon revenues fell by nearly half in 2021 - World Bank

Lebanese government revenues fell by almost half in 2021 and estimated the country's real gross domestic product (GDP) declined by 10.5%, the World Bank said in a report on Tuesday.

Lebanon's economic depression "is orchestrated by the country's elite" and "has come to threaten the country's long-term stability and social peace," the World Bank said in a press release attached to its latest report on the country.

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