🇱🇧 Today I release my #Lebanon report. It finds that the economic crisis - which has plunged millions into poverty - is the responsibility of the country's elite & was entirely avoidable.
👉Read our press release : bit.ly/SREP-Leb


My report shows how failed gov policies & massive conflicts of interest resulted in:

➡️Appalling levels of wealth concentrated at the top
➡️An unaccountable banking sector
➡️A chronic neglect of public services
➡️Inadequate social protection

Public money was squandered over decades of mismanagement and misplaced investments by the Government and Banque du Liban.

👉The result: collapse of the currency and Lebanese banking sector, wiping out people's savings and impoverishing millions


Today 90% of the country is living in poverty. In a country with once high living standards, families are skipping meals & children compelled into work

The majority of #Lebanon's population wants to leave. Those who have no choice but to stay are being pushed to the brink

I visited #Lebanon in Nov 2021 & was shocked by the political leadership's blindness to the misery they've caused. Today their lives continue much as normal, with most of their money in accounts outside the country thanks to their own unscrupulous economic policies

Meanwhile the rest of the population is left to pick up the pieces. #Lebanon's 1+million migrant workers & refugees - already struggling to survive - are facing unimaginable hardship, while women have seen increased violence since the crisis began

There is no real safety net in #Lebanon. Public services were gutted by self-serving Gov officials, with education, healthcare and even electricity out of reach for most. If the situation does not change an entire generation of children will be lost

Lebanon desperately needs change. With #lebanonelections2022 on 15 May, leadership must move away from fruitless bickering and offer a clear plan for ending corruption, massively decreasing poverty and inequality, and delivering functioning public services

Accountability and transparency must be sought. All public institutions must be opened up to scrutiny. The Lebanese Gov, wider political establishment, Banque du Liban, and the banking sector must held accountable for the devastation they have caused


#Lebanon is already one of the most unequal countries in the world. Unless the government can offer a credible recovery plan guided by accountability, transparency and human rights, it risks becoming a failed state



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More from @srpoverty

May 11
صدر اليوم تقريري حول #لبنان الذي يظهر أن الأزمة الاقتصادية - التي دفعت الملايين إلى هوّة الفقر - ​​هي مسؤولية النخبة في البلاد وكان من الممكن تجنبها بالكامل. bit.ly/SREP-Leb

#تغيير_مسار_لبنان Image
يظهر تقريري كيف أدّت السياسات الحكومية الفاشلة والتضارب الهائل في المصالح إلى:

• مستويات مروعة في تركيز الثروة في القمة
• قطاع مصرفي غير خاضع للمساءلة
• إهمال مزمن للخدمات العامة
• حماية اجتماعية غير كافية
تبددت الأموال العامة على مدى عقود من سوء الإدارة والاستثمارات في غير محلها من قبل الحكومة ومصرف لبنان.

النتيجة: انهيار العملة الوطنية والقطاع المصرفي اللبناني وتبخّر مدخرات الناس وإفقار الملايين
Read 11 tweets
Sep 11, 2020
Today I release my first annual report on the impact of COVID19 on people in poverty, scrutinizing the recent wave of social protection. I find that most measures are maladapted, short-term, reactive, and inattentive to the realities of people in poverty: bit.ly/2Fix7xx
COVID19 is pushing millions into poverty, but the question is not how many, but why: governments were ill-equipped to deal with its socioeconomic impacts, not because they could not anticipate it, but because they never recovered from the austerity imposed after 2010.
The data is clear. Plummeting public investment in healthcare led millions into poverty, as private insurance coverage increased and hospital beds declined. Care work is undervalued and precarious. Social services are underfunded and overwhelmed. People in poverty pay the price.
Read 5 tweets

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