In a meeting of the Executive Council, the union demands the election of a president of the Republic, the formation of a government with full powers, as well as the reform of the judiciary system and the preparation of a recovery plan at all levels.
The organization emphasized the need to stop organized looting of the people’s money by the Central Bank and finance authorities through decisions and regulations which consume the remaining funds of depositors, military personnel, retirees and vulnerable people.
The Union denounced the devaluation of the national currency, which has already exceeded the exchange rate of 60,000 Lebanese pounds for a dollar in the informal market, and its negative repercussions on the purchasing power of citizens.
The Air Transport Association announced its commitment to a general strike throughout the country in rejection of the deplorable living conditions and the impact of the crisis on education, health and services. The group also called on officials to activate the work of the State, in order to avoid the worsening of economic, political and social problems.
The collapse of the Lebanese pound, high prices of fuel and basic necessities describe the economic reality of a country with almost 80 percent of its inhabitants living in poverty, according to statistics from United Nations entities.