Beirut - In the last five months, more than 785 restaurants, cafes and other food-and-beverage establishments have closed down in Lebanon, the Syndicate of Owners of Restaurants, Cafes, Nightclubs and Patisseries said in a statement Tuesday.
The Syndicate’s communiqué indicated that 240 institutions closed up shop in January alone.
It noted that the closure in each governorate has increased with Mount of Lebanon witnessing 54.6%, being the highest in 2019, followed by Beirut 29.4%, North governorate 6.7%, South governorate 6.6% and last but not least Bekaa with 2.5 percent.
Lebanon's economy and finances were beholding zero growth and low inflows of remittances from abroad, compounded by a lack of purchasing power, all leading to its collapse.
Source: Kataeb.org
: Use of undefined constant num - assumed 'num' (this will throw an Error in a future version of PHP) in
Warning: mysqli_fetch_array() expects parameter 1 to be mysqli_result, bool given in
/home/btimescom/public_html/en/articles.php on line
653
Warning: mysqli_num_rows() expects parameter 1 to be mysqli_result, bool given in
/home/btimescom/public_html/en/articles.php on line
677
There are no comments for this article yet.
Be the first to comment now!
Comments