Facing protests, Lebanon approves emergency economic reforms
  • 5 years ago
Lebanon approved an emergency reform package on Monday in response to protests over dire economic conditions, but the moves did not go far enough to persuade demonstrators to leave the streets or investors to halt a plunge in its bonds.

Hundreds of thousands of people have flooded the streets since Thursday, furious at a political class they accuse of pushing the economy to the point of collapse. Roads were blocked for a fifth day across the country.

Schools, banks and businesses were closed, and Banks are expected to remain shut on Tuesday.