Written by: ICC (International Christian Concern)
Article source: www.persecution.org

Government corruption, currency destabilization, and recent events such as the Beirut blasts are pushing Lebanon further into financial uncertainty and potential for collapse and state failure, leaving Christians without a safe haven in the Middle East. Lebanon has nearly a 40% Christian population, hosting Christian minorities fleeing conflict elsewhere in the region.

As the country faces financial collapse, international banks are withdrawing their operations. Advocacy groups warned that Lebanon could face complete state failure, a financial collapse that would affect international and western markets. Experts recommend that stabilizing currency would be the best first step to take. Lebanon typically is seen as an intermediary between the Christian West and the Islamic Middle East, previously boasting of its model financial stability.

Following the August 2020 Beirut blast, Christians were attempting to leave the country for a new life. One advocacy group, IDC, estimates that around 60% of Lebanese citizens live below the poverty line. As Christians flee persecution in other countries, financial and political stability continue to elude them in Lebanon.

Click here to KEEP UPDATED on the latest news by subscribing to our FREE weekly newsletter.


Date published: 07/05/2021
Feature image: Image for illustrative purposes only. commons.wikimedia.org

DISCLAIMER
JOY! News is a Christian news portal that shares pre-published articles by writers around the world. Each article is sourced and linked to the origin, and each article is credited with the author’s name. Although we do publish many articles that have been written in-house by JOY! journalists, we do not exclusively create our own content. Any views or opinions presented on this website are solely those of the author and do not necessarily represent those of the company.