Business

Study: Lebanese among most pessimistic in the world about economy

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(BEIRUT, LEBANON) — A recent study published by the Pew Research Center says the Lebanese population is one of the most pessimistic about its economic future and dissatisfied with how its country is doing.

Only beaten by Greece, Ukraine, Spain and Italy, Lebanon had 91 percent people respond that the economy was performing “bad.” 46 percent of the Lebanese said it would be worse “over the next 12 months.”

According to the same study, Lebanon is the country who worries the most about the gap between the rich and the poor.

But while less than half the Lebanese surveyed expect more hard times, the IMF forecasts Lebanon’s economy to accelerate from 1% growth in 2014 to 2.5% in 2015.

84 percent of the Lebanese said they thought economic inequality was a “very big problem.” 92 percent said the most dangerous of economic issues was the rising prices, or inflation.

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