Lebanon Businessnews News
 

Mixed fortunes in Lebanon's refugee economy
The Financial Times
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Business has never been better at Abu Hazem’s tiny grocery shop, thanks to crowds of Syrian refugees who come to use their new, UN-funded debit cards. But around the corner, Suleiman al-Sharafi’s store is empty, and the future looks less bright.

“I make less now than I did before the World Food Programme made contracts with Abu Hazem. All the Syrians go there,” he says, slumped down in a chair behind the counter. “Only Lebanese come to my shop now, and they’re all poor.”

The source: The Financial Times
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Date Posted: Apr 14, 2014
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