According to “Tradingeconomics.com” data, the highest inflation rates as of the end of October are in Zimbabwe with 269%, Venezuela with 156%, Lebanon with 169%, Syria with 139%, Sudan with 103% and It happened in Argentina with 88%. Do I need to repeat the economic, social and moral collapses caused by high inflation in a country and known to everyone? The reasons why most countries are exposed to this level of high inflation are more or less similar. However, Lebanon cannot get out of the high inflation spiral for a very different reason than these.

The lands, which had been under the domination of the Ottoman Empire for 400 years, came under the control of the "French Mandate of Syria and Lebanon" in 1918. II. The occupation of France by Nazi Germany in World War II weakened French dominance in the region. After declaring its independence in 1943, Lebanon established a conventionist form of government in which the main religious denominations had certain political powers. The sectarian conflicts that started in 1975 lasted for 15 years. The country, which was occupied first by Syria and then by Israel, has existed as a free country that prioritizes economic development since 2005. It ranked at the top of the Arab world in the Human Development Index, with the exception of the oil-rich Gulf states. The capital of the country, Beirut, was known as the "Paris of the Middle East". the soul of the country.

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