World Economy

Lebanese Pessimistic

Lebanese PessimisticLebanese Pessimistic

The majority of Lebanese believe that their country’s economic situation is doing bad and most of them don’t expect an improvement, the Pew Research Center has found, Naharnet reported. Only 10% of Lebanese described their economy as good, according to the Pew survey, released in the US on Thursday. Only 18% said they expected the economic situation to improve over the next 12 months, while 44% said it will worsen and 37% believed it will remain unchanged. Also 47% of Lebanese believed that children will be financially worse off than their parents when they grow up, said the survey. Lebanon was placed in the emerging economies category in the classification of the 40 countries in the survey. Pew said the results for the survey are based on face-to-face interviews conducted with 45,435 adults in 40 countries under the direction of Princeton Survey Research Associates International.