Lebanon Has Highest Cost of Living, Worst Quality of Life

07 July 2022, Lebanon, Beirut: A Lebanese activist gestures during a protest against the current economic situation of the country in front of Lebanon Central Bank. (dpa)
07 July 2022, Lebanon, Beirut: A Lebanese activist gestures during a protest against the current economic situation of the country in front of Lebanon Central Bank. (dpa)
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Lebanon Has Highest Cost of Living, Worst Quality of Life

07 July 2022, Lebanon, Beirut: A Lebanese activist gestures during a protest against the current economic situation of the country in front of Lebanon Central Bank. (dpa)
07 July 2022, Lebanon, Beirut: A Lebanese activist gestures during a protest against the current economic situation of the country in front of Lebanon Central Bank. (dpa)

Beirut ranked 242nd out of 248 cities around the world for the “worst” quality of life, according to a recent international report.

Meanwhile, the Lebanese capital topped the region in the highest cost of living among Arab cities, ranking 12th globally and approaching New York City, which is adopted as a reference indicator for measurement.

The Lebanese people are stifled by the sharp imbalance between shrinking incomes - as salaries are still paid at the official dollar rate of LBP 1,500, while the local currency on the black market touches LPB 30,000 to the dollar - and skyrocketing inflation, which topped 1,000 percent.

The situation has pushed about 80 percent of the population below the poverty line, according to reports by the United Nations office, the World Bank, UNICEF and many international financial institutions.

Moreover, the basics of a decent life are almost completely absent, including electricity, water, health coverage and others, in addition to the paralysis of all government services due to the open strike carried out by public administration employees who are demanding a pay hike.

A report by the International Numbeo Institute for Statistics found that Beirut is the most expensive Arab city compared to prices in New York City.

Doha, for example, came second in the cost of living index regionally and ranked 225th globally, with a score of 60.91 points, while Abu Dhabi ranked third in the region and 261st globally, with a score of 56.13 percentage points.

The result looks tragic when examining the components of the index, specifically the purchasing power of the population in Beirut, which declined from 47.18 points (before the end of 2019) to reach only 11.73 points in 2022, which is 88.27 percent lower than the purchasing power in New York City.

The same applies to the prices of goods, which scored 109.65 points in the approved index, meaning that the prices in Beirut are 9.65 percent higher than those recorded in the American city.

Beirut ranked last among Arab cities and 242nd in a list of 248 cities in the world included in the measurement of the quality of life index issued by Numbeo for mid-2022.

The results are drawn according to eight main indicators that measure the level of quality of life. They include the purchasing power index, the safety index, healthcare, and cost of living, the ratio of house price to income that reflects the affordability of housing, the traffic or travel time index, the pollution index, as well as the climate index.



Egypt Says GERD Lacks Legally Binding Agreement

This grab taken from video shows Grand Ethiopian Renaissance Dam in the Benishangul-Gumuz region, Ethiopia, Feb. 20, 2022. (AP Photo)
This grab taken from video shows Grand Ethiopian Renaissance Dam in the Benishangul-Gumuz region, Ethiopia, Feb. 20, 2022. (AP Photo)
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Egypt Says GERD Lacks Legally Binding Agreement

This grab taken from video shows Grand Ethiopian Renaissance Dam in the Benishangul-Gumuz region, Ethiopia, Feb. 20, 2022. (AP Photo)
This grab taken from video shows Grand Ethiopian Renaissance Dam in the Benishangul-Gumuz region, Ethiopia, Feb. 20, 2022. (AP Photo)

Egypt said Friday that Ethiopia has consistently lacked the political will to reach a binding agreement on its now-complete dam, an issue that involves Nile River water rights and the interests of Egypt and Sudan.

Ethiopia’s prime minister said Thursday that the country’s power-generating dam, known as the Grand Ethiopian Renaissance Dam (GERD), on the Nile is now complete and that the government is “preparing for its official inauguration” in September.

Egypt has long opposed the construction of the dam, because it would reduce the country's share of Nile River waters, which it almost entirely relies on for agriculture and to serve its more than 100 million people.

The more than the $4 billion dam on the Blue Nile near the Sudan border began producing power in 2022. It’s expected to eventually produce more than 6,000 megawatts of electricity — double Ethiopia’s current output.

Ethiopia and Egypt have spent years trying to reach an agreement over the dam, which Ethiopia began building in 2011.

Both countries reached no deal despite negotiations over 13 years, and it remains unclear how much water Ethiopia will release downstream in case of a drought.

Egyptian officials, in a statement, called the completion of the dam “unlawful” and said that it violates international law, reflecting “an Ethiopian approach driven by an ideology that seeks to impose water hegemony” instead of equal partnership.

“Egypt firmly rejects Ethiopia’s continued policy of imposing a fait accompli through unilateral actions concerning the Nile River, which is an international shared watercourse,” Egypt’s Ministry of Water Resources and Irrigation said in a statement Friday.

Ethiopian Prime Minister Abiy Ahmed, in his address to lawmakers Thursday, said that his country “remains committed to ensuring that our growth does not come at the expense of our Egyptian and Sudanese brothers and sisters.”

“We believe in shared progress, shared energy, and shared water,” he said. “Prosperity for one should mean prosperity for all.”

However, the Egyptian water ministry said Friday that Ethiopian statements calling for continued negotiations “are merely superficial attempts to improve its image on the international stage.”

“Ethiopia’s positions, marked by evasion and retreat while pursuing unilateralism, are in clear contradiction with its declared willingness to negotiate,” the statement read.

However, Egypt is addressing its water needs by expanding agricultural wastewater treatment and improving irrigation systems, according to the ministry, while also bolstering cooperation with Nile Basin countries through backing development and water-related projects.