Lebanon is a country that is on everyone’s minds and mouths
right now. That is because of the devastating blast that occurred in the
Beirut, and claimed hundreds of lives. The horrific scenes were caught on
camera two days ago, and the aftermath didn’t look very different from
Hiroshima or Nagasaki. The explosion was caused by the 2750 tons of ammonium
nitrate, which was stored unsafely in a warehouse.
Lebanon is in crisis in several disciplines at the moment.
The port area, where the explosion happened, is completely destroyed. This has
made the usage of the port to a full-time halt. Lebanon was already in an
economic crisis due to the pandemic. A large number of people were affected and
were pushed into poverty, which resulted in anti-government protests. According
to the IMF, Lebanon has the fourth-highest debt in the world – 162 percent of
GDP in 2020.
Take a look at the rising debt of Lebanon from the last five
years and the estimation in the next year.
Infographic by: statista.com