| 12 April 2024, Friday |

The social life is under assault!

With the rise in the dollar exchange rate and the collapse of the value of the national currency, a big number of Lebanese are living below the poverty line, all of which has resulted in a reduced standard of living in Lebanon and a drop in marriage and birth rates. Many factors prevent Lebanese young from marrying and having children, thinking that an unplanned step may exacerbate the challenges of daily living. Having children is no longer simple for most Lebanese families owing to the significant financial obligations imposed by the country’s economic turmoil.

The economic crisis has had an impact on Lebanon’s condition. Thousands of institutions have closed their doors, thousands of workers have been laid off, commercial activity has decreased by 45 percent, and buying power has decreased owing to high prices and the lira’s drop in value versus foreign currencies. The number of births has declined dramatically since the commencement of the economic crisis that has struck Lebanon since 2019. According to the General Directorate of Personal Status data, 86,584 births were reported in 2019, 74,049 in 2020, and 68,130 in 2021.

  • Sawt Beirut International