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Hurtling toward a precipice with no parachute

Yukie Mokuo, Ruba Jaradat-Following the culmination of multiple crises for Lebanon over the last year, one would be forgiven for thinking that yet another crisis could simply not be possible.But in an unknown number of weeks’ time, price subsidies will likely begin to be removed from a long list of products, and Lebanon will fall off a cliff into crisis all over again. Based on our analysis, the impact of removing price subsidies on the country’s most vulnerable households will be tremendous and yet there is almost nothing in place to help soften the fall.
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