Advertisement

Lebanon economic crisis: Protests enter 5th day

Lebanon
Advertisement

Tens of thousands of demonstrators have gathered on streets of Lebanon for a fifth day of anti-government protests.

According to Arab media, the demonstrators are demanding a sweeping overhaul of Lebanon’s political system, citing grievances ranging from austerity measures to poor infrastructure.

The latest unrest was sparked by anger over the rising cost of living and new tax plans, including a fee on WhatsApp calls, which was quickly retracted after protests broke out.

The protests followed a build-up in grievances over perceived government corruption, mismanagement of funds and a failure to address high unemployment.

Lebanon has one of the highest public debt burdens in the world and the government is trying to reach agreement on a package of belt-tightening measures to cap the deficit in next year’s budget.

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Israel returns 84 Palestinian bodies, families in Gaza struggles to identify bodies
Trump declares US boycott of G20, calls summit in South Africa a 'disgrace'
Türkiye issues arrest warrant for Netanyahu over Gaza genocide charges
Muslim Mayors Shaping Future of Western Cities
Israel vows to eliminate Hamas tunnels as fighting persists despite ceasefire
Explosion at Jakarta mosque injures over 50 in Friday prayers
Next Article
Exit mobile version