Tag: Economic Crisis

Emergency Relief Distributed as Lebanon’s Economic Decline Causes Suffering

Lebanon is currently experiencing the worst economic crisis in the country’s history. On a global scale, national inflation rates in Lebanon are second only to those in Venezuela. Currency devaluation, the pandemic, political struggles, and the blast in August of 2020 have created an intense pressure on the Lebanese people.

Since May 2020, Convoy of Hope’s Disaster Services team has continuously responded to the crisis in Lebanon with food, water, hygiene kits, and other necessities. With the help of local partners who canvassed neighborhoods to identify specific needs, Convoy of Hope has provided individually tailored assistance — including medical supplies, prescriptions, and transportation — to people affected by this crisis.

Fifty-five percent of the Lebanese population now lives below the poverty line. In November 2019, one carton of milk cost roughly 8,000 Lebanese pounds (LBP). Now, one carton costs approximately LBP42,000 or US$27. Before these recent crises, the minimum monthly salary in Lebanon was US$450; it is now US$70.

More than seven months after the explosion in Beirut, needs are still widespread. With support from people like you, hope is within reach. Thank you for helping us change the lives of people in Lebanon.

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Disaster Services

Convoy of Hope helps Lebanese Family Grapple with Explosion & Economic Crisis

“I had nothing left,” Maya said somberly.

Maya is the mother of three children, all of whom live with severe mental and physical ailments. Every day, she is faced with the challenge of raising them in the middle of one of the world’s worst economic crises.

Since October 2019, Lebanese currency has lost 90% of its value. Due to the fact that more than 80% of the basic goods sold in the country are imported, prices have skyrocketed. More than half of the population now lives below the poverty line. Protests have sprung up in areas already struggling to recover from the massive explosion in Beirut last August.

Combined stress from the worsening economic climate, her husband’s lack of employment, and hundreds of dollars in monthly medical costs sent Maya into a deep depression.

Convoy of Hope’s partners in Lebanon helped identify Maya’s needs and those of her family. Convoy of Hope then teamed up with others on the ground to provide hope to Maya and her children in the form of food, medicine, hygiene kits, and blankets.

“I want to thank all those who volunteered to prepare hygiene kits and prepare food parcels. Thank you for thinking of us,” Maya said.

What was once cause for despair for Maya’s family is now a source of hope. 

“Our life has improved. We no longer stress about the simple things like before,” she said. “Your help gave me hope and lifted my spirit. Today, I am able to feed my kids a decent meal — they love hamburgers — buy medicine, and buy them some snacks they love but hardly get. Convoy has made a change in my life and helped me in more ways than I can ever thank them.”

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Disaster Services