According to reports, on the backdrop of the currency devaluation in Lebanon in April, inflation in the country reached 269%. FAN.
Consumer prices increased by 9% compared to March.
Ordinary Lebanese have been experiencing a crisis for political reasons that has been going on since the fall of 2019. Then the authorities wanted to save the country from bankruptcy and introduced new taxes. At the same time, pensions and salaries for citizens were reduced at the same time. Therefore, for some time, Lebanese were accused of an unprecedented tax of $ 6 per month from WhatsApp, which made it possible to use the messenger. But the authorities, realizing the absurdity of the situation, canceled it.
The Lebanese government defaulted when it refused to pay its $1.2 billion Eurobond debt in early March 2020. For the country’s citizens, this caused the local currency to depreciate and the prices of products to rise by almost 60%, which led to mass strikes in Lebanon. Tens of thousands of citizens flocked to the squares of big cities such as Beirut, Byblos and Saida. People were dissatisfied with widespread corruption, social inequality, cuts in fuel supply, and problems with electricity and water supplies.