Beirut – “Al-Quds Al-Arabi”: In Lebanon, the presidential vacancy, which has completed its 50th day, has been observed to be racing as the economic and social crisis intensifies and the unusual exchange rate hike of the dollar, as it exceeded 46 thousand pounds, in the light of fears that this crisis could break out and reach a state of social explosion. This crazy increase caused import companies in Lebanon to stop delivering medicines and infant formula to pharmacies due to the high dollar exchange rate. Yesterday, Wednesday, the head of the Pharmacists’ Union, Joe Salloum, said: “There is an almost complete stoppage in the delivery of medicines and milk to pharmacies”. And he added: “The problem is not new, but rather old and renewed. Drugs from pharmacies have long been lacking, as well as anticancer drugs. With the significant and rapid increase in the price of the dollar, there has been a complete blockage of the delivery of medicines to pharmacies”. exchange rate and pharmacies risk bankruptcy.
He added: “Within two days, stocks in most pharmacies, companies and factories will be depleted and they will be in dire straits due to their inability to pay bills overseas, and therefore do not receive medicines and cannot deliver medicines, and many companies and factories are threatened with bankruptcy”.
Interestingly, Lebanon has been witnessing for more than three years the worst financial and economic crisis in its history, which has resulted in a decrease in the purchasing power of the Lebanese, an increase in poverty and unemployment, and a sharp drop in national income currency against the dollar.
In a context related to the military establishment, the Army Command announced that it has received the fourth batch of Qatar’s financial donation presented by the Emir of the State of Qatar, Sheikh Tamim bin Hamad Al Thani, to the Lebanese Army.
