By Kerry Stone
The Lebanese economy has been in freefall since October 2019 which has seen hyperinflation drastically devalue the Lebanese Lira in what the World Bank says is potentially one of the three worst economic crises the world has seen in the past 150 years.
The Lebanese people now pay 20 times more for basic goods than they did 18 months ago, while many are on decreased salaries. Many are now unable to pay for housing, education, healthcare, transportation and food. Over one million Syrian and Palestinian refugees living in Lebanon are also at risk.
“The current situation is worse than the darkest years of the Lebanese war,” said Melville Fernandez, Caritas Australia’s Humanitarian Emergencies Manager.
“There isn’t enough cash in the country, so people are forced to queue for hours to withdraw money, only to find out that the ATMs have run out of funds. Even if people can access funds, it’s next to impossible to buy medicine or fuel to run generators because the country is rapidly running out of these basic goods.”
“In an unfathomable turn of events, some of the country’s largest hospitals have announced that they will have to close because they can no longer afford the fuel to run their generators, which they rely on, now that electricity is only available for two hours a day.”
“The public water supply and wastewater treatment systems are largely reliant on fuel, leaving millions of people without access to clean water. This is a serious public health risk for everybody in Lebanon.”
This all comes as the capital, Beirut, continues to rebuild after the port explosion 4 August 2020.
“Australia and Lebanon have a long and special relationship, with a large Lebanese population here. So many Australians were compelled to give their support after the Beirut blast, and now sadly, Lebanon is in even more need of support.”
Caritas Australia continues to support Caritas Lebanon with both emergency and long-term response.
Visit caritas.org.au/lebanon or call 1800 024 413 toll free to provide much needed support.
