Lebanon ups the cost of subsidized bread for the fifth time in a year. The latest hike is nearly 20-percent more than February’s increase. Plus, a top European Union official warns that if leaders cannot form a cabinet, Lebanon could face even more sanctions.
“We already have so many sanctions – on certain politicians, on the governor of the central bank, on many of the ministers,” Nuna* from Triumphant Mercy Lebanon says.
“I don’t know how much more we can go. Nothing is working.”
Earlier this month, Lebanon’s currency fell to a new record low. Daily essentials are in short supply. “There is no fuel; the electricity is not coming. It’s really a downfall and I don’t see the end of it,” Nuna says.
The number of people living in extreme poverty tripled between 2019 and 2021. The World Bank predicts Lebanon’s economic and financial crisis will rank as one of the worst in modern history unless officials take corrective action.
Click here to read more.
SOURCE: Mission Network News, Katey Hearth
CALL TO ACTION
- Praise God for the givers who responded in obedience to God’s call to partner with Triumphant Mercy Lebanon.
- Pray God will multiply their offerings so believers can reach more people with the hope of Christ.