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is two-and-a-half times the country’s monthly minimum wage, according to a study by the American University of Beirut’s Crisis Observatory Unit.
One Beirut resident, who
The National: “Without aid, we would become beggars.
“Although my kids have jobs, I still have to get them food because they can’t afford it,” said Mirna El Masri, a 56-year-old homemaker.
With a salary of three-times the minimum wage, Ms El Masri’s family could afford a decent living until late in 2019, when one of the worst financial crises to grip the country in decades unfolded. An 85 per cent drop in the Lebanese pound’s value against the dollar since then has reduced Ms Al Masri’s household income from approximately $1000 to less than $150 dollars today.
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