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.
Related content
2030 Agenda
,
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.