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ESCWA Publication: E/ESCWA/2020/Policy Brief.15


Country: Lebanese Republic

Publication Type: Policy briefs

Cluster: 2030 Agenda and SDG Coordination

Focus Area: 2030 Agenda

Initiatives: Monitoring Sustainable Development Goal Data

SDGs: Goal 1: No Poverty, Goal 3: Good Health and Well-Being

Keywords: Covid-19, Bank reserves, Banking, Economic conditions, Economic recession, Poverty, Viruses

Poverty in Lebanon: solidarity is vital to address the impact of multiple overlapping shocks

August 2020

Lebanon is experiencing the impact of multiple growth shocks, including a recent spike in COVID-19 cases and an explosion that killed over 200 people and destroyed Beirut Port, warehouses storing food and other vital resources, and vast residential and business areas. These shocks reinforce the ongoing financial crisis that had already increased headcount poverty, exacerbated extreme poverty, and reduced the middle-income group.

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