Lebanese Economy Is ‘on Brink of Collapse’

Published July 10th, 2018 - 08:40 GMT
Syrian refugees have already started returning to their country over the past few months. (Shutterstock)
Syrian refugees have already started returning to their country over the past few months. (Shutterstock)

Lebanese Foreign Minister Jubran Bassil said the economic situation in Lebanon "is on brink of collapse" due to huge burden caused by hundreds of thousands of Syrian refugees.

The only and sustainable solution is the safe return of Syrian refugees to their country following state of calm in most of the Syrian lands, Bassil told a joint news conference with visiting Dutch Minister of Foreign Trade and Development Cooperation Sigrid Kaag.


Syrian refugees have already started returning to their country over the past few months.

"Lebanon respect non-foreceful return but the Syrian refugees want their return to be accelerated," he said.
 
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Kaag said the Netherlands would do its best to help Lebanon address ramifications of the Syrian crisis, and added her country allocated 200 million euros in a donation for Lebanon for the next four years.

The UN said Lebanon is hosting around a million Syrian refugees, but the Lebanese authorities said their numbers exceeded 1.5 million.

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