World Bank urges, “urgent” formation of a new government, in Lebanon

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On the 21st day of unprecedented protests against the political class in Lebanon, the World Bank has called on the country, to form a new government as soon as possible.

Since the 17th of October, Lebanon has been facing protests against its ruling class – which has been deemed “corrupt” and “incompetent” – against a background of “serious economic crisis”.

The movement – which mobilized hundreds of thousands of Lebanese of all communities – led to the resignation of Prime Minister Saad Hariri on the 29th of October, but the formation of a new government is slow.

Issuing a statement, the World Bank said, in case of persistent impasse, half of the population could sink into poverty, and unemployment could “increase sharply”; as around a third of the Lebanese already live below poverty line.

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