About This Source - FRANCE 24 English
The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.
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FRANCE 24 English published this video item, entitled “Former top Lebanese finance official: ‘We are becoming the Somalia of a few years ago'” – below is their description.
Alain Bifani resigned suddenly at the end of June from his position as director general of Lebanon’s finance ministry, a post he had held for 20 years. The former top official had supported an IMF-backed recovery plan for the heavily indebted country, but this was blocked by the political elite. Speaking to FRANCE 24, Bifani says the plan was about “having those who benefited most from the system contribute most”. He says its failure will lead to more “huge inequalities” and warns that Lebanon is “going towards some kind of a Somalia [of] a few years ago”.FRANCE 24 English YouTube Channel
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In This Story: France
France is a republic and the largest Western European nation. Through expansion and colonisation in the 17th and 18th centuries France became a great power and still retains territories around the world. It has a seat on the UN security council and is the world’s fourth most wealthy country with a high standard of living and strong cultural identity.
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In This Story: Lebanon
The official language, Arabic, is the most common language spoken by the citizens of Lebanon. Its capital is Beirut.
Lebanon was a founding member of the United Nations in 1945 and is a member of the Arab League (1945), the Non-Aligned Movement (1961), Organisation of the Islamic Cooperation (1969), and the Organisation internationale de la francophonie (1973).