President Michel Aoun estimates Lebanon needs '6-7 years' to overcome the financial crisis as the country's economy has been in freefall since 2019
Lebanon's President Michel Aoun is seen in this handout picture released by Dalati Nohra on September 24, 2021, while addressing the United Nations General Assembly via a recorded video message, in Baabda, Lebanon.
"We need six to seven years to get out of this crisis," Michel Aoun said in a televised interview on Friday. More than 80 percent of the population lives in poverty and the currency has lost more than 90 percent of its black market value amid political squabbling that has delayed an agreement with the International Monetary Fund.$15 billion for recovery
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