Tens of millions of people in Africa may become destitute as a result of the crisis, human rights chiefs warned Wednesday.
World Bank: Lebanon Is in the Midst of Economic, Financial and Social Hardship, Situation Could Get worse
In a meeting with President Michel Aoun today (November 6, 2019), the World Bank Group reiterated its unequivocal support to the people of Lebanon, who are facing high-risk situation of economic, financial and social uncertainty.
The World Bank has estimated the inflows of expatriate remittances to Lebanon at $7.2 billion in 2018, a 1.8 percent increase from the previous year. The inflows stood at $7.1 billion in 2017, it said.