لبنان في المرتبة 23 من بين أكثر الدول غلاء في المعيشة عالمياً.. فما الحل؟

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00:00 Riyad is driving his car while his wife is choosing the needs of the family after checking

00:07 the quality and prices.

00:08 The crisis forced him to balance the quality of goods and sometimes reduce the quantity

00:13 for the sake of quality.

00:15 His salary, which was estimated at about $4,000, is no more than $600 today.

00:21 It is a model of the family lords that formed in the previous middle class poverty column

00:27 until the financial crisis hit them.

00:30 I am a university professor and I am living on $4,000.

00:34 Now my salary is $600.

00:38 $600 is not enough for my family because I have young people and I have children.

00:44 I come to the supermarket here.

00:46 The prices of the supermarket are very high.

00:48 Everything is in fire.

00:50 Now I am looking for another job, a health worker, so I can support my family.

00:57 I have $100,000.

00:59 I want to buy apples and bananas.

01:01 What can I do?

01:03 You know, we are in a bad situation.

01:05 So the majority of Lebanese try to adapt to the new reality that is not similar to their

01:10 life about four years ago.

01:13 They rely on another job to balance the basic necessities of a decent life.

01:19 The life we used to live, I wish it would return.

01:22 What is happening is not right.

01:24 We used to live a luxurious life and the Lebanese were happy.

01:27 Now the situation is very difficult.

01:30 Everything is boiling again in the dollar.

01:33 It is boiling several times.

01:35 Once, twice, ten, seven times, but everything is accumulating.

01:38 Maybe something is said to be expensive from outside and something is added by the employees

01:43 and the citizens.

01:44 With Lebanon's record for rising food prices in the world ranking at 261,

01:51 the talk about rising food and consumer prices has become unjustified.

01:57 The Lebanese are unable to understand the reasons for its rise,

02:02 despite relying on the principle of pricing in dollars.

02:05 Lebanon is a country with corruption, smuggling, and no supervision.

02:10 Therefore, it is natural for prices to rise.

02:14 It is part of the confusion we are living in.

02:19 There is a problem in the country with the absence of financial policies.

02:22 Of course, there are other reasons for this rise.

02:25 It could be one of the reasons why the merchants in Lebanon are taking advantage of it to raise their prices.

02:30 One of them is global stagflation, which is a kind of economic inflation and constant inflation.

02:36 Therefore, prices are rising, but the Lebanese market is not being monitored.

02:44 Lebanon, which is ranked third in the world among the most expensive countries in terms of living

02:50 and rising living costs by 25.5% per month since the beginning of 2023,

02:58 is experiencing a civil uproar due to the constant wave of inflation that hits the sectors and commodities in the absence of supervision

03:06 that allows the corrupt merchants to manipulate prices and increase them as they please.

03:12 Elena Mrad, CNBC Arabia, Beirut

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