The Lebanese parliament approved a ration card law on June 30 by injecting $556 million exceptional credit in cash assistance to support the most vulnerable families, replacing the current subsidies system. The ration card program aims to support around 500,000 families through a cash payment of an average of $93 per month for one year.
Lebanon’s population is struggling to survive amid an economic collapse, with the depreciation of the local currency by over 90% that trapped 55% of the population into poverty, according to a report by the United Nations Economic and Social Commission for Western Asia.