Despite the government pledging on Friday, June 12, to inject dollars into the market to bolster the sagging currency, hundreds of protestors came on roads and agitated for a second night over the handling of a deepening economic crisis by the Lebanese authorities.
President Michel Aoun, after a crisis meeting on Friday, June 12, announced that the central bank, in a move to support the Lebanese pound, would implement measures, including “feeding dollars into the market” from Monday, June 15.
Initially the demonstrators took to the streets on Thursday, railing against the increasing cost of living and the government’s apparent impotence in the face of the worst economic turmoil since the 1975-1990 civil war. Protestors threw stones and Molotov cocktails toward the soldiers and damaged the facades of several banks and shops, to which the soldiers responded with tear gas. In one of the incidents in the northern city of Tripoli, the army dispersed hundreds shouting “revolution, revolution”.