Lebanon will default on its debt for the first time ever

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  • Lebanon’s Prime Minister Hassan Diab says his government will not make a debt payment of more than a billion dollars that is due on Monday.
    Diab says Lebanon’s currency reserves are dangerously low – and people’s basic needs must be prioritised.

    Al Jazeera’s Zeina Khodr reports from Beirut.

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    #Lebanon #LebanonDebt #LebanonUnrest

    In This Story: Lebanon

    Lebanon, officially known as the Lebanese Republic, is a country in the Levant region of Western Asia, and the transcontinental region of the Middle East.

    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).

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