16
Dec
2015
One in four Lebanese live in poverty
Lebanon is an “upper middle income” economy, in the hermetic parlance of international development, but over one in four residents of the country live in poverty, according to a new study by the World Bank and Lebanon’s Central Administration of Statistics. That translates to around 1 million individuals living without enough income to meet basic livelihood needs, making sacrifices between rent, food, health care, or other fundamentals. For Lebanon, that threshold is roughly $266 per person per month, the study determined. In fact, the true measure of poverty is certainly graver, considering the study limitations and Lebanon’s rapidly changing demographics.…
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