![A shop in Beirut. Lebanon's inflation surged by about 145 per cent in 2021, the third-highest increase globally after Venezuela and Sudan. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/JXOIQ4H3Y344J7HAE6556VNIQY.jpg?smart=true&auth=c6a03ad30f387dd279160ff70ada916b4d666abcbd0dbe0d8f33b5f506dc2069&width=400&height=225)
A shop in Beirut. Lebanon's inflation surged by about 145 per cent in 2021, the third-highest increase globally after Venezuela and Sudan. Reuters
A shop in Beirut. Lebanon's inflation surged by about 145 per cent in 2021, the third-highest increase globally after Venezuela and Sudan. Reuters
Lebanon's economic contraction among worst since 1850s, World Bank says
The country's economy contracted 10.5% in 2021 as a result of a 'deliberate depression' orchestrated by the country's elite