Why COVID-19 could be the ‘last straw’ for Lebanon’s fragile economy
For years, Lebanon’s financial practices have been unsustainable and its economy lagging. The country has one of the highest levels of debt per capita in the world. Now the foundation of Lebanon’s financial house of cards is giving way -- right as the deadly threat of novel coronavirus approaches. Special correspondent Jane Ferguson reports from Beirut on a gathering perfect storm.
Date Posted: Mar 18, 2020