Today’s blast in the Lebanese capital, Beirut, will profoundly affect the nation’s future. The stopping point is by all accounts seeking this little Middle Eastern nation, which has been a prisoner of economic crisis, corruption, outfitted clashes and ethnic-religious clashes for years .
Over the most recent two years, the Lebanese pound has been contrasted with the monetary standards of Venezuela and Zimbabwe. In the event that we clarify the size of the economic crisis in the nation in smaller scale terms, the expense of compensations, which two years back was $700 – $800, is currently not exactly $100. The cost of bread has significantly increased. Meat dishes have been expelled from the menu for troopers. Food costs has increased by 190%.
80% of bank stores and 25% of GDP tumble to just 1% of the population. In short, the Lebanese individuals are encountering probably the saddest example of social injustice. Lebanon supplies 80-90% of its local interest through imports. From food to fuel, the major part of the supplies come from abroad. Where did it originate from? To the port of Beirut, where the blast occurred today.
This port, which has an extremely huge share in the country’s economy, was viewed as the focal point of the two imports and fares. One of the most celebrated ports in the Mediterranean was destroyed today. You can decide for yourself what the expense of merchandise devastated in the port, the fix of the port and its drawn out decay mean for the nation’s economy, which is as of now moving all over. (We have not yet considered the damage happened to the city).
In any case, there is a reality: Lebanon is heartbroken today!