Lebanon's caretaker prime minister and the United Nations World Food Program said Tuesday that it has boosted its food assistance to the struggling nation, effectively feeding one-third of the crisis-hit population.

The tiny Mediterranean nation is in the grip of the worst economic and financial crisis in its modern history.

Three-quarters of its population has plunged into poverty since late 2019. The Lebanese pound has lost over 90% of its value against the U.S. dollar, and the country struggles with some of the world’s worst food price inflation.

Lebanon has a population of roughly 6 million people, among them over 1 million Syrian refugees who fled the war-torn country over the past decade.

The WFP once allocated $700 million in food assistance to Lebanon every year, and scaled that up to $1.3 billion in 2022. Now, it has earmarked $5.4 billion for the next three years, increasing its annual food assistance budget by $500 million.

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